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| « ICAI-CCBCAF & SMP initiative for Launching of Billing &... | List of Tax Rates around the world... » |
Tax Freedom Day around the world |
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| February, 07th 2012 |
Tax Freedom Day around the world
Tax Freedom Day is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden. It is the day when you stop working for the government and start working for yourself. First developed in 1948 by Florida (USA) businessman Dallas Hostetler, who trademarked the phrase "Tax Freedom Day" and calculated in each year for the next two decades. In 1971, the trademark was transferred to the Tax Foundation by Hostetler at his retirement. India's Tax Freedom Day (TFD) is March 14.
| Date of year |
Source |
Tax Freedom Days for countries by date
| India |
74 |
20% |
14 March |
2000 |
Centre for Civil Society |
| United States |
99 |
26.9% |
9 April |
2010 |
Tax Foundation |
| Australia |
112 |
30.7% |
22 April |
2008 |
Centre for Independent Studies |
| Estonia |
114 |
31.1% |
24 April |
2007 |
Eesti Maksumaksjate Liit (Estonian Taxpayers Association) |
| South Africa |
132 |
36% |
12 May |
2008 |
Free Market Foundation |
| Uruguay |
133 |
38.6% |
13 May |
2010 |
CPA Ferrere |
| Hungary |
140 |
38%* |
20 May |
2008 |
Hungarian Central Statistic Institute |
| New Zealand |
141 |
39% |
21 May |
2008 |
Staples Rodway |
| Spain |
119 |
33% |
29 April |
2010 |
Think Tank Civismo |
| Slovakia |
142 |
38.8% |
3 June |
2011 |
Nadcia F.A.Hayeka |
| Lithuania |
124 |
34.0% |
5 May |
2011 |
Lithuanian Free Market Institute |
| Bulgaria |
147 |
40% |
27 May |
2009 |
Novinite |
| Brazil |
147 |
40% |
27 May |
2008 |
Instituto Brasileiro de Planejamento Tributario |
| United Kingdom |
150 |
40.9% |
30 May |
2010 |
Adam Smith Institute |
| Canada |
157 |
42.6% |
6 June |
2009 |
Fraser Institute May 2, 2010 |
| Belgium |
161 |
43.8% |
10 June |
2011 |
PricewaterhouseCoopers |
| Croatia |
161 |
43.7% |
10 June |
2010 |
Adriatic Institute for Public Policy |
| Czech Republic |
161 |
44.1% |
11 June |
2007 |
Liberln institut |
| Israel |
173 |
47.4% |
22 June |
2010 |
Jerusalem Institute for Market Studies |
| Poland |
175 |
48.0% |
24 June |
2011 |
Centrum im. Adama Smitha |
| Slovenia |
176 |
48.3% |
25 June |
2011 |
Business daily Finance |
| Germany |
190 |
51.7% |
8 July |
2008 |
Bund der Steuerzahler |
| France |
197 |
53.6% |
16 July |
2007 |
Contribuables associs |
| USSR |
360 |
99% |
27 December |
1987 |
Gosplan |
| Norway |
210 |
56.7% |
29 July |
2007 |
Skattebetalerforeningen |
More info here |
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