Guess which country pays the lowest taxes in Europe?

Belgians have paid the highest amount of taxes in the European Union between 2010 and 2015. For this year, France is on top of the list with a real tax rate of 57.53%, followed by Belgium and Austria. On the other end of the list, Cyprus ranked at the bottom of the EU’s 28 member states, with a real tax rate of 23.85%.

Workers in the 28 EU nations had their average real tax rate decrease slightly for the second time in the six years—from 45.19% to 44.96%. The average French earner has to work 210 days—until July 29—before they stop paying taxes to the government and start keeping their income. It’s known as the “tax liberation day,” which a recent study by the Brussels-based Institut Économique Molinari uses to rank the tax burdens of individual employees earning typical salaries in the EU.

Twenty of the 28 EU member states have raised VAT rates since 2009, with the largest increase in Hungary, where VAT jumped from 20% to 27%.”

source: qz.com