Top 7 G20 countries with the highest corporate tax

APRIL 22, 2026

Images: Shutterstock
Data: Trading Economics

The G20 (Group of 20) is an international forum for global economic cooperation, bringing together the world's major industrialised and emerging economies. 

Its members represent 85% of global GDP, 75% of international trade, and around 80% of the world's population.

Here are the top seven G20 nations with the highest corporate income tax rates.

Corporate tax: 30%

5. Mexico*

*shares rank with two other countries

Corporate tax: 30%

5. Germany

Corporate tax: 30%

5. Australia

Corporate tax: 31.5%

4. Japan

Corporate tax: 34%

3. Brazil

Corporate tax: 34.9%

2. India

Corporate tax: 35%

1. Argentina

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