10% consumption tax International comparison of tax rates October 1 0:47
Japan's consumption tax rate is relatively low among developed countries.
According to the Ministry of Finance, out of 36 OECD countries participating in the Organization for Economic Co-operation and Development, as of January, 27% of Hungary has the highest rate of value-added tax, the Japanese consumption tax.
Next, Sweden, Denmark and Norway account for 25%, Iceland, Greece and Finland account for 24%, Italy 22%, UK and France 20%, Germany 19%, and many other European countries. Is around 20%.
In addition, 16% in China and 10% in Korea.
In the United States, many states and cities have retail sales taxes. For example, in New York City, the total number of states and cities is 8.875%.