The Corporate Tax Rate in European Union stands at 21.30 percent. European Union Corporate Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Corporate Tax Rate in European Union averaged 26.51 percent from 1996 until 2018, reaching an all time high of 35.20 percent in 1997 and a record low of 21.30 percent in 2018. This page provides - European Union Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Corporate Tax Rate in European Union is expected to reach 21.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Corporate Tax Rate is projected to trend around 21.30 percent in 2021, according to our econometric models.

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European Union Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
21.30 21.90 35.20 21.30 1996 - 2018 percent Yearly

European Union Corporate Tax Rate
In the European Union, the Corporate Income tax rate is an average of the taxes collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income.