- Home
- Country-years
- Australia
- Australia 2020
Country-year
Australia 2020
30.0 %Combined corporate income tax rate
$61,739Average annual wage, US$ PPP
Facts
- Combined corporate income tax rate
- 30.0 %
- Average annual wage, US$ PPP
- $61,739
- Country
- Australia
- Year
- 2020
- Corporate income tax rate, central government
- 30.0 %
- Central CIT rate net of sub-central deduction
- 30.0 %
- Top marginal income tax rate (PIT only)
- 47.0 %
- Top marginal rate incl. employee social security
- 47.0 %
- Top rate threshold, × average wage
- 1.98×
- Average annual wage, national currency
- 90,864
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)