Some European Tax Rates

Ø United Kingdom : Income Tax: 50% VAT: 17.5% TOTAL: 67.5%

Ø France ; Income Tax: 40% VAT: 19.6% TOTAL: 59.6%

Ø Greece : Income Tax: 40% VAT: 25% TOTAL: 65%

Ø Spain : Income Tax: 45% VAT: 16% TOTAL: 61%

Ø Portugal : Income Tax: 42% VAT: 20% TOTAL: 62%

Ø Sweden : Income Tax: 55% VAT: 25% TOTAL: 80%

Ø Norway : Income Tax: 54.3% VAT: 25% TOTAL: 79.3%

Ø Netherlands : Income Tax: 52% VAT: 19% TOTAL: 71%

Ø Denmark : Income Tax: 58% VAT: 25% TOTAL: 83%

Ø Finland : Income Tax: 53% VAT: 22% TOTAL: 75%