Tax rates and brackets vary based on jurisdiction, tax laws and individual circumstances. Here’s an overview:

Global Tax Rates and Brackets

1. United States: 10% – 37% (2022 tax rates)
– Single filers:
– 10%: $0 – $10,275
– 12%: $10,276 – $41,775
– 22%: $41,776 – $89,075
– Joint filers:
– 10%: $0 – $20,550
– 12%: $20,551 – $83,550
– 22%: $83,551 – $178,150

2. Pakistan: 12.5% – 35% (2022 tax rates)
– Individual taxpayers:
– 12.5%: Up to PKR 400,000 (approximately $2,200 USD)
– 25%: PKR 400,001 – PKR 1,200,000 (approximately $6,600 – $6,600 USD)
– 35%: Above PKR 1,200,000 (approximately $6,600 USD)

3. Canada: 15% – 33% (2022 tax rates)
– Single filers:
– 15%: $0 – $49,020
– 20.5%: $49,021 – $98,040
– 26%: $98,041 – $151,978
– Joint filers:
– 15%: $0 – $97,185
– 20.5%: $97,186 – $195,371
– 26%: $195,372 – $290,367

Tax Brackets and Rates by Country

1. Australia: 19% – 45% (2022 tax rates)
2. United Kingdom: 20% – 45% (2022 tax rates)
3. India: 10% – 30% (2022 tax rates)
4. Germany: 14% – 45% (2022 tax rates)
5. China: 3% – 35% (2022 tax rates)

Important Notes

1. Tax rates and brackets are subject to change.
2. Individual circumstances (e.g., deductions, exemptions) affect tax liability.
3. Consult a tax professional or financial advisor for personalized guidance.

Relevant Tax Laws and Regulations

1. Income Tax Ordinance 2001 (Pakistan)
2. Internal Revenue Code (USA)
3. Income Tax Act (Canada)
4. Taxation Act (Australia)
5. Income Tax Act (UK)

Tax Authorities

1. Federal Board of Revenue (FBR) (Pakistan)
2. Internal Revenue Service (IRS) (USA)
3. Canada Revenue Agency (CRA)
4. Australian Taxation Office (ATO)
5. Her Majesty’s Revenue and Customs (HMRC) (UK)