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Lord McIntosh of Haringey: The information requested for 1998, the most recent year for which comparative data are currently available, is contained in the OECD publication Taxing Wages: Taxes and Wages and Salaries, Social Security Contributions for Employees and their Employers, Child Benefits, and is as follows:
|Top Income Tax Rate||Top Income Tax Threshold (,=s)(1)||Top Income Tax Threshold (Euros)(1)|
(1) Using currency exchange rates as at 28 September 2000.
(2) Belgium: Government levies a crisis surcharge of 3 per cent, plus municipalities levy a local income tax by way of a surcharge on national tax, maximum of 10 per cent (of the national tax). Average rate is around 7 per cent.
(3) Denmark: In addition, municipal income tax is levied at flat rates ranging from 24 per cent to 33 per cent. Average 31.7 per cent. This is a proviso that maximum combined rate of municipal and national rate cannot exceed 59 per cent.
(4) Finland: In addition, municipal income tax is levied at flat rates ranging from 15 per cent to 19.5 per cent.
(5) Sweden: In addition, local income tax is levied. Rates determined by municipality; average 31 per cent.