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.
Average tax rates measure tax burden, while marginal tax rates measure the impact of taxes on incentives to earn, save, invest, or spend. The average tax rate is the total amount of tax divided by total income. For example, if a household has a total income of $100,000 and pays taxes of $15,000, the householdâs average tax rate is 15 percent. The marginal tax rate is the incremental tax paid on incremental income.