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Top 10 Countries with Highest Tax Rates

/ January 2, 2016

4) Netherlands (52% on income more than $70,090)

The rich in Netherlands pay more than half their income as taxes. As one would expect, there is demand for the services of skilled accountants and high-end accounting software in this northwestern European country.

Rotterdam, Netherlands. City skyline

3) Denmark (55.38% on income more than $70,633)

Around 5.6 million people live in Denmark. Taxes these people pay help in funding a top-notch education system, a universal healthcare system and generous unemployment benefits. The median wage is $40,000. Danes enjoy a high standard of living. Also they don’t seem to mind he high tax rate, because this northern European nation is frequently ranked as one of the happiest countries in the world.

Copenhagen, Denmark