Taxes on profit differ not only across countries, but also across company sizes.
The statistic shows the estimated average tax on profit as share of turnover in selected countries in Europe in 2019, by company size. In Germany, the share was expected to amount to 1.3 percent in case of small and medium companies and 1.1 percent in case of large comapnies. With 1.6 percent taxes on profit as share of their turnover, SMEs in Italy transfer the highest share of their turnover to the government. This is the highest value in the sample.
The statistic is part of the European financial KPI and cost benchmark. This report takes an in-depth look on the most important key performance indicators (KPIs) of companies in five European economies.
Average tax on profit as share of turnover in selected countries in Europe in 2019, by company size
Characteristic
Small and medium companies (turnover <50 million euros)
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Statista. (June 4, 2019). Average tax on profit as share of turnover in selected countries in Europe in 2019, by company size [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1014396/tax-on-profit-company-size-turnover-europe/
Statista. "Average tax on profit as share of turnover in selected countries in Europe in 2019, by company size." Chart. June 4, 2019. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1014396/tax-on-profit-company-size-turnover-europe/
Statista. (2019). Average tax on profit as share of turnover in selected countries in Europe in 2019, by company size. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1014396/tax-on-profit-company-size-turnover-europe/
Statista. "Average Tax on Profit as Share of Turnover in Selected Countries in Europe in 2019, by Company Size." Statista, Statista Inc., 4 Jun 2019, https://www.statista.com/statistics/1014396/tax-on-profit-company-size-turnover-europe/
Statista, Average tax on profit as share of turnover in selected countries in Europe in 2019, by company size Statista, https://www.statista.com/statistics/1014396/tax-on-profit-company-size-turnover-europe/ (last visited November 26, 2024)
Average tax on profit as share of turnover in selected countries in Europe in 2019, by company size [Graph], Statista, June 4, 2019. [Online]. Available: https://www.statista.com/statistics/1014396/tax-on-profit-company-size-turnover-europe/