India
4.4/10
146th of 217
India or Peru: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Level pegging: India and Peru weigh about the same on the taxpayer.
Peru
4.4/10
146th of 217
| Tax | India | Peru | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 22% | 29.5% | −7.5 points |
| Personal income tax top bracket | 0% to 39% | 0% to 30% | +9.0 points |
| VAT standard rate | 18% | 18% | Same rate |
Detailed schedules
Corporate income tax
India
| National companies, optional regime Excluding surtax and cess; subject to conditions | 22% |
| New industrial companies | 15% |
| Foreign companies with permanent establishment | 35% |
Peru
n/a
- India : taxsummaries.pwc.com
- Peru : taxsummaries.pwc.com
- Peru : taxsummaries.pwc.com