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International Comparison of Income Tax Systems

 

Japan

U.S.A.

U.K.

Germany

France

Ratio of income tax revenue
to national tax revenue

(1997)

34.5%

(1997)

72.7%

(1997)

34.5%

(1997)

35.1%

(1997)

18.4%

Ratio of tax burden to
individual income

(1997)

4.1%

(6.2%)

(1997)

11.0%

(13.4%)

(1997)

10.2%

(1997)

6.8%

(1997)

3.7%

Tax threshold

Present
3,616,000 yen

After amendments in 1999
3,821,000 yen

2,541,000 yen

1,211,000 yen

4,059,000 yen

3,254,000 yen

Tax Rates

Minimum tax rate
(local inhabitants tax)

10%
(5%)

10%
(5%)

15%
(4%)

10%

23.9%

10.5%

 

Maximum tax rate
(local inhabitants tax)

50%
(15%)

37%
(13%)

39.6%
(6.85%)

40%

53%

54%

Number of blackets
(local inhabitants tax)

5
(3)

4
(3)

5
(5)

3

-

6

(Notes) 1. Tax threshold is for the case of an employee with a spouse and two children on Aug 1, 1998. (In Japan, one of the children is between 16 and 22 years of age. In United States, one of the children is under 16 years of age.).
2. The figures in parentheses refer to local inhabitants tax. Individual state income tax rates in New York are used to represent the local inhabitants tax rates in the United States.
3. The foreign currency figures were converted into yen by the following exchange rates : 1 dollar=118yen, 1 pound=192yen, 1 mark=67yen, 1 franc=20yen

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