Country's Revenue Statistic and Main Sources of Revenue by Andri Prasetiyo https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j Economics Year 11 Cikal Serpong en-us 2022-01-24 03:38:36 UTC 2022-03-31 12:36:48 UTC hello@padlet.com Canada https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007967123 Fadiyya
Total of Canada's Revenue: $649.6 billion
Canada's Tax Revenue: $14.178 billion
The tax-to-GDP ratio in Canada has decreased from 34.7% in 2000 to 34.4% in 2020.
Canada's GDP: 1.643 Trillion USD (2020)
GDP-per-capita: 43,241.62 USD (2020)


Canada's Taxation System: In Canada, the charge framework is dynamic or graduated, meaning the more cash you make, the more salary charges you pay. The sum of your income merely pay in taxes is communicated as a rate and goes up in steps, or "brackets." You need to also pay provincial/territorial income taxes.

]]> 2022-01-24 04:35:12 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007967123 Netherlands - Alhea https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007973314 Total revenue:  €354.35 billion euros
Tax revenue:  €205 billion euros
Taxation system: If you earn money while living in the Netherlands, you must pay taxes. The Netherlands is a socially conscious country, and higher earners can expect substantial taxation on their salary (up to 49.5%). The Dutch tax office is an entity of the Ministry of Finance. Belastingdienst is responsible for collecting taxes and social security contributions. Tax revenues largely finance government expenses. This includes subsidies for arts, culture, housing, childcare, healthcare, pensions, and social security benefits. 

Latest Tax rates for 2022 in Netherlands : 
0 - 69.400 = 37.07% or 69.400+ = 49.50% (depending on how much you earn)

Gross Domestic Product (GDP) : $913.87 billion US dollars 2020
GDP Per Capita : $52,397
GDP Growth Rate : -5.7% 


sources:
https://www.statista.com/statistics/529582/government-tax-revenue-in-the-netherlands/ 
https://tradingeconomics.com/netherlands/gdp 
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=NL 
https://www.statista.com/statistics/1102977/gdp-growth-rate-in-the-netherlands/


]]> 2022-01-24 04:40:41 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007973314 France - radiza https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007973447 France current GDP
2.63 Trillion USD 
GDP per capita  
35765.38 US dollars

Total revenue 
(nearly) 400 billion euro 
October to November 2021 / 243.89 EUR Billion to 272.13 EUR Billion

Tax-to-GDP ratio
Increased by 0.5 percentage points from 44.9% in 2019 to 45.4% in 2020


  • France's private consumption accounted for 53.5 % of its Nominal GDP in Dec 2021, compared with a ratio of 53.1 % in the previous quarter.
  • The latest France capital investment value from 2020 is 23.81%. 
  • Government spending : 143133 EUR Million in Q4 
        GS-to-gdp ratio : 55.40% in                                           2019 to 62.10% in 2020 
  • Net export (export-import): -14,960 EUR Million in Q4 2021
  • Export from goods (monthly): 44,089 EUR Million from December 2021
  • Import from goods (monthly) : 55.410 EUR Million from December 2021


Corporate tax rate 2021: 
- Companies with a turnover below EUR 250 million: 26.5%
- Companies with a turnover above EUR 250 million: 27.5%

Tax system
  • Income tax has increased from 60 billion euro in 2012 to 75 billion in 2020
  • Social security contributions
  • Goods and services tax, VAT (value added tax) 
        The current VAT in france is 20%

https://www.statista.com/statistics/463817/tax-revenue-france-by-type/
https://santandertrade.com/en/portal/establish-overseas/france/tax-system
https://tradingeconomics.com/france/forecast



]]> 2022-01-24 04:40:48 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007973447 United Kingdom - Jema https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007973506 UK's GDP: 2.708 trillion USD (2020)
GDP per Capita: 40,284.64 USD (2020)
Tax-to-GDP Ratio: In 2020, the United Kingdom had a tax-to-GDP ratio of 32.8% compared with the OECD average of 33.5%.

Total revenue: £800 billion, equivalent to around 37% of the size of the UK economy, as measured by GDP.
Tax revenue: 2020/21 - the value of HMRC tax receipts for the UK amounted to approximately 556 billion British pounds.

Taxation system:
The three main sources of the UK's income are: income tax, National Insurance contributions (NICs), and value-added tax (VAT). 
- Basic UK taxes include income taxes, property taxes, capital gains, UK inheritance taxes, and Value Added Tax (VAT). Many of these are progressive taxes, meaning that those with higher incomes pay a higher rate. 

]]> 2022-01-24 04:40:51 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007973506 Afzaal https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007979103
  • Total Crown revenue: $116.0 billion
  • Core Crown tax revenue: $85.1 billion
  • The Government's main sources of revenue come from tax, levies, fees, investment income and from the sales of goods and services.
  • GDP: 212.5 billion USD
  • GDP Trend: 1.0% annual change

    • Source: https://www.treasury.govt.nz/information-and-services/financial-management-and-advice/revenue-and-expenditure
    ]]>     2022-01-24 04:45:29 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007979103     Japan - Rula BiruLaut https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007979311 Total revenue: $1.244 billion (143 trillion yen)
    Tax revenue: $72,1 billion (8,32 trillion yen)

    Income tax in Japan is based on a self-assessment system (a person determines the tax amount by themselves by filing a tax return) in combination with a withholding tax system (taxes are subtracted from salaries and wages and submitted by the employer).

    Tax rates range from 5% on incomes less than 1.95 million yen to 45% on incomes more than 40 million yen.

    Gross Domestic Product (2020): $5,058 trillion
    GDP per capita (2020): $34.366
    GDP Growth (2020): -4,3%]]>     2022-01-24 04:45:37 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2007979311     Aiko https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2013198328 Total Revenue: $552.0 billion
    Total Tax Revenue: $493.3 billion 

    Individuals' income tax is the single most important source of government revenue. Since the mid-1970s it has consistently raised around half of the Australian Government's tax receipts and continues to be a stable and predictable source of revenue.

    GDP (2020): 1.331 Trillion 
    GDP Trend: -0.3% Annual Change 

    ]]>     2022-01-26 10:18:35 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2013198328     Zimbabwe https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2021745163 2022-01-31 16:56:45 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2021745163 Niger https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2045443177 2022-02-14 04:57:01 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2045443177 Washington, USA https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2045446382 2022-02-14 04:59:43 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2045446382 India https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2045446876 2022-02-14 05:00:08 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2045446876 Qinghai, China https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2115613706 China, Adrian
    Total revenue : $15.66 trillion
    Tax revenue : $2.8 trillion
    Taxation system: The Individual Income Tax in China is administered on a progressive tax system with tax rates from 3% to 45%, A of 2019, China taxes individuals wo reside in the country for more than 183 days on worldwide earned income
    GDP: $14.28 trillion
    GDP trend: Chinas GDP has been increasing drastically. The GDP of china on 2018 is $13.89 while Chinas GDP on 2019 is $14.28]]>     2022-03-27 14:38:56 UTC https://padlet.com/andriprasetiyo/98mahosfq6k3nh2j/wish/2115613706