Income taxes

Income taxes in Belgium are very high. Corporate tax rate is 33.99 % and higher is in EU only in Malta (35 %). Marginal tax rate by personal income tax is even 50 %. Residents of Belgium pay personal income tax on their total income from all worldwide sources; they also pay communal and regional taxes too. The tax rates are between 0 % and 8.5 % of the total income tax payable. The most common rate is 6 %. The Belgian tax year for personal and corporate income tax begins on 1 of January and ends 31 of December. 

Progressive personal income tax to the State has decreased during the last 10 to 15 years. The tax basis in Denmark has been broadened and greater emphasis placed on labor market contributions. Personal income tax in Denmark is very high. Companies pay a somewhat lower tax than private people. The income from corporate tax makes only 8 % of the total revenue. Corporate tax in Denmark is slightly higher tan the EU average but over a number of years has fallen significantly (from 50 % to 28 %). 

Income from all sources are aggregated and taxed at a flat rate of 16 %, for individuals and corporations. Non-residents are taxed on their income from Romanian-sources. Non-residents are not allowed to directly own Romanian immovable properties. 

Romania made economic reforms and income taxes are very low. While Romania's income level remains one of the lowest in the European Union, reforms have increased the growth speed.

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Income taxes in Russia are from 2001 lower and easier. In principle the reform in 2001 was designed to ease the tax burden on individuals and companies and to simplify the classes of payments for national insurance. 

Income taxes in Russia are flat, personal income tax is only 13 % (for non-resident 30 %) and corporate income tax is 24 %. Russian residents pay 9 % on dividend income, it is deducted at source) and non-residents pay 15 % on dividend income. Income taxes in Russia are low.

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Income taxes in Slovakia are very low. Slovakia revamped its tax system in 2004, synchronizing personal income tax, corporate income tax and VAT at 19 %. So, rental income is taxed at 19 %, after deductions. Non-resident individuals are taxed on their income from Slovakian sources. Married couples are taxed separately. The tax year in Slovakia is the year ending of 31 on December. In Slovakia is the tax of total taxes only in 29.5 % of GDP. Taxation by personal income tax is in Slovakia one of the lowest in EU. 

Individuals and corporate must in Spain pay taxes on all their worldwide income.
• Individuals shall be deemed to have their principal residence in Spain if they spend in Spain 183 days per year or their economic interest’s lies in Spain.
• Corporations shall be deemed to be a resident of Spain, if it was incorporated in accordance with Spanish law, it has its registered office in Spain.

Hungary has a progressive personal and corporation taxation system. This means that the higher the income, the higher the rate of tax payable. Personal income tax is 18 % or 36 % and corporate income tax 10 % or 16 %. 

Český daňový systém rozlišuje mezi daní z příjmů fyzických osob a daní z příjmů právnických osob. Předmětem daně z příjmů fyzických osob jsou výhradně příjmy fyzických osob (v právním slova smyslu). Příjmy všech ostatních osob (v právním slova smyslu) jsou předmětem daně z příjmů právnických osob.

Czech tax system differentiates between the personal income tax and the corporate income tax. Subject to the personal income tax is solely income of individuals (in the legal sense of the word). Income of all other persons (in the legal sense of the word) is subject to the corporate income tax. 

In France there are three categories of taxes on income: the corporate tax, the income tax for individuals and taxes for social purposes. Taxes paid by employers on the total amount of wage, named social contributions, are not considered as taxes by the French central government. Income tax is a tax on all income available to individuals in a year. Unless exceptions, a net income is determined from the whole income. In France is the income taxation progressive. People with more disposable income pay a higher percentage of that income in tax than do those with less income.