Organization as Metaphor: Using Morganâs Metaphors as a Transitional Framework - One of the greatest challenges for a new leader is earning the respect and cooperation of his or her subordinates, and using that respect to make the organization or work team more effective.
The worldwide average top corporate income tax rate (accounting for 173 countries and tax jurisdictions) is 22.9 percent, 29.8 percent weighted by GDP. By region, Europe has the lowest average corporate tax rate at 18.7 percent (26.1 percent weighted by GDP). Africa has the highest simple average at 28.77 percent. Larger, more industrialized countries tend to have higher corporate income tax rates than developing countries.
[10] As a result, most OECD countriesâ high average tax burden on labor is due to high payroll taxes (Figure 3). The average combined (employee and employer) payroll tax rate in the OECD was 22.6 percent in 2013, which was 6.7 percent higher than the U.Sâs combined rate of 15.9 percent. The total tax burden faced by wage earners in the United States is 31.3 percent of their pre-tax earnings, paying $16,658 in taxes in 2013, with $8,196 in individual income taxes and $8,462 in payroll taxes.