Here are VAT rates of India, China, UK, Germany and Brazil. Find out which country has the highest rate

In 2016, China implemented its VAT fully and replaced all business tax with VAT. China has a standard rate of 17% VAT and some products may see a VAT of 13%. In construction services, China levies a VAT of 11% on general tax payers and 3% VAT on small-scale VAT players.

In the United Kingdom, the standard VAT rate is 20% and in some cases it is reduced to a paltry 5%. Earlier, the standard VAT in the UK was 17.5% which was increased to 20% in 2011.

VAT in Germany is 19%. In sectors such as food and agricultural products, it is reduced to 7%. In Germany, overseas exports are exempted from VAT.

The average state VAT rate in Brazil stands as 17% and in Sao Paulo, the standard rate is 18%. Meanwhile, Rio de Janeiro levies 19% VAT on different products and services. In Brazil, exports are exempted from VAT.