Australia vs Canada: Taxes on income, profits and capital gains
Australia
76.6%
in 2022
Canada
78.5%
in 2024
Australia rank
5th
Canada rank
4th
Taxes on income, profits and capital gains over time
- Australia
- Canada
How they compare
Canada currently reports 78.5% against 76.6% in Australia, a difference of 1.9%.
The two have swapped places 2 times across 33 shared years of data; in 1990 it was Canada ahead.
Australia ranks 5th and Canada ranks 4th of 153 countries.
Canada has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 71.9% | 72.0% | 0.1% | Canada |
| 2000s | 71.3% | 75.5% | 4.1% | Canada |
| 2010s | 72.1% | 77.8% | 5.7% | Canada |
| 2020s | 74.4% | 79.3% | 4.9% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Australia or Canada?
- Canada, at 78.5% against 76.6% in Australia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Australia and Canada?
- 1.9%, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 33 years are reported by both, from 1990 to 2022.
- How do Australia and Canada rank globally for taxes on income, profits and capital gains?
- Australia ranks 5th and Canada ranks 4th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.