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Question : Which country has the highest income tax revenue as a percentage of total tax revenue?

Option 1: India

Option 2: Pakistan

Option 3: China

Option 4: Cannot be determined


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: China


Solution : The correct answer is (c) China.

According to the World Bank, China has the highest income tax revenue as a percentage of total tax revenue among India, Pakistan, and China. In 2022, income tax revenue accounted for 23.1 % of total tax revenue in China, compared to 17.1 % in India and 13.8 % in Pakistan.

Therefore, China has the highest income tax revenue as a percentage of total tax revenue among India, Pakistan, and China.

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