New Zealand: Income and profits taxes

* indicates monthly or quarterly data series
 New Zealand

Income, profits, and capital gains taxes: percent of revenue

 Latest value 43.00
 Year 2005
 Measure percent
 Data availability 2001 - 2005
 Average 41.92
 Min - Max 41.02 - 43.25
 Source The World Bank
The latest value from 2005 is 43 percent, an increase from 41.02 percent in 2004. In comparison, the world average is 25.69 percent, based on data from 106 countries. Historically, the average for New Zealand from 2001 to 2005 is 41.92 percent. The minimum value, 41.02 percent, was reached in 2004 while the maximum of 43.25 percent was recorded in 2001. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
New Zealand - Income and profits taxes - Recent values chart




Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 21.11 2022 percent
 Government spending, in dollars 52.08 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -2.39 2023 percent
 Government debt 34.30 2023 percent
 Government expenditure 23.16 Q4/2024 billion
 Long-term interest rate 4.49 12/2024 percent
 Tax revenue 30.51 2005 percent
 Commercial tax rate 34.60 2019 percent
 Tax preparation time 140 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 21.43 2005 percent
 Taxes on international trade 1.25 2005 percent
 Income and profits taxes 43.00 2005 percent
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