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US tax time: A later deadline and other tax facts

Thanks to a holiday in Washington, D.C., the federal tax-filing deadline this year is April 17, two days later than usual. The extra time provides an opportunity to peruse some random tax-related facts.

4. World's lowest tax rates

(based on public revenue from taxes as a percentage of gross domestic product):

1. Mexico 鈥 17.5 percent

2. Chile 鈥 18.2 percent

3. United States 鈥 24.0 percent

4. Turkey 鈥 24.6 percent

5. South Korea 鈥 25.6 percent

6. Ireland 鈥 27.8 percent

7. Slovak Republic 鈥 29.3 percent

8. Greece 鈥 29.4 percent

9. Switzerland 鈥 30.3 percent

10. Spain 鈥 30.7 percent

Source: Organization for Economic Cooperation and Development and World Bank

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