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US tax time: A later deadline and other tax facts

Thanks to a holiday in Washington, D.C., the federal tax-filing deadline this year is April 17, two days later than usual. The extra time provides an opportunity to peruse some random tax-related facts.

3. World's highest tax rates

  • By Ross Atkin Staff

(based on public revenue from taxes as a percentage of gross domestic product):  

1. Denmark – 48.2 percent

2. Sweden – 46.4 percent

3. Italy – 43.5 percent

4. Belgium – 43.2 percent

5. Finland – 43.1 percent

6. Austria – 42.8 percent

7. France – 41.9 percent

8. Norway – 41,9 percent

9. Hungary – 39.1 percent

10. Slovenia – 37.9 percent

Source: Organization for Economic Cooperation and Development and World Bank

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