There is an old saying that there are only two things that are certain in life – death and taxes. While that may be a bit of a depressing thought, it is true that taxes are something we all have to budget for in our lives, and they can have quite an impact on some of our financial decisions.

Naturally, everywhere has taxes, and generally they all cover the same things, however tax rates do vary around the world and it can be interesting to see how. This fascinating new infographic explaining different taxes and how different countries currently implement them is well worth a look if you are curious about how we compare to the rest of the world. It was designed for students doing an online MSA degree.

The infographic discussed here was made for the online master of science in analytics course with taxandbusinessonline.villanova.edu.