Comparison

Tax Attractiveness Index: India #75, China #84, USA #94

According to the article the U.S. tax system is far from competitive. It is a dismal 94th place out of a 100 countries. India (75) and China (84), not too far from the U.S., don’t look too hot either.

 

RankCountry (Code)Tax
  1Bahamas (BHS)0.8125
  2Bermuda (BMU)0.8125
  3Cayman Islands (CYM)0.7813
  4Brit. Virg. Islands (VGB)0.7739
  5Bahrain (BHR)0.7554
75India (IND)0.3868
84China (CHN)0.3197
94United States (USA)0.2432

 

Source: Two German economists, Sara Keller and Deborah Schanz, analyzed 16 components of the tax system from 2005 to 2009, and quantified each component to create a ranking index of 100 countries. The Tax column represents an equally-weighted sum of 16 factors. It is restricted to values between zero and one. The closer the index is to one, the more attractive is tax environment in the country.

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