Samuel S.
asked 03/15/17percentage of population paying Federal income tax in Korea and other countries if possible...
I just cannot find any information on the tax collection percentage in Korea, not tax rate but the percentage entire population actually paying income tax. If anybody can help me out that would be great.
Moreover, please check this numbers that i got from the internet so far, whether it sounds convincing: France56%, US53%, UK46%, Germany33%, japan20%, South Africa6%, Mexico3%, India3%, China2%, Pakistan1%
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1 Expert Answer
Robert M. answered 03/15/17
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Experienced Writing/Social Studies Teacher, Middlebury grad, 800 SATs
Hi there,
First off, it does not seem remotely plausible that only 2% of the Chinese population would be paying income tax, even if you're including the non-working-age population -- China is not that young a country.
Second, you say you got your results from "the Internet" -- where? From the same site or different sites? It matters, because you might be comparing apples and oranges -- for instance one source might be giving you the percentage of the TOTAl population on the tax rolls, another the percentage of the WORKING-AGE population, etc.
I'm doing some research on this at the IMF and World Bank; will write back shortly.
Samuel S.
thank you for the prompt reply^^
It is hard to find the exact figure for China...but in India, most websites say only 1~3% of whole population pay federal income tax (of course we are strictly looking at individuals, not corporates).
if you type " how many pay tax in india" at google, you will see the figures.
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03/15/17
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Robert M.
03/15/17