COPENHAGEN: Denmark secured 3rd with 38.9% in highest employee income tax rates in different courtiers. According to OECD a single person on an average salary with no children will have to pay the highest income tax rate in Belgium, amounting to 42.8% of his or her earnings adding that the Income tax rates on employees in different countries vary depending on factors such as earnings and marital status.
The second on the list is Germany with a tax rate of 39.9%, while sharing the same place with Denmark, Hungary is at 35.The UK is No 7 on the list with a tax rate of 24.9%, while the US taxes its employees at the rate of 22.7%.A Statista chart, showing the percentage of earnings paid in tax/social security contributions in selected countries, is given below.
