New OECD data provides a baseline for measuring the impact of COVID-19 on labour taxes
Labour taxes on the average worker across OECD countries continued to decline for the sixth consecutive year in 2019, according to a new OECD report. This was announced with a press release on the website of the OECD in guidance of the release of the report “Taxing Wages 2020”. From the press release: Taxing Wages 2020 shows that the “tax wedge” – total taxes on labour costs paid by employees ...
OECD-report Revenue Statistics 2019 released: Tax revenues have reached a plateau
Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis. The 2019 edition of the OECD’s annual Revenue Statistics publication shows that the OECD average tax-to-GDP ratio was 34.3% in 2018, virtually unchanged since the 34.2% in 2017. The release of the report was ...
Assessing tax levels and the tax mix in OECD countries: Revenue Statistics 2018 & Consumption Tax Trends 2018 to launch on Wednesday 5 December 2018
The OECD has announced the launch of two reports to be published on Wednesday 5 December providing internationally comparable statistics and analysis designed to inform the tax policy debate: the report Revenue Statistics 2018 and the report Consumption Tax Trends 2018. From the press release as published on the website of the OECD on 28 November 2018: Tax systems across the OECD countries are converging towards higher tax levels and ...