Better use of energy taxes could strengthen developing country finances while cutting pollution
Developing countries could raise much-needed public revenues, while cutting emissions and air pollution, by making better use of energy taxes and reducing energy subsidies, according to a new OECD report released on 25 January 2021. The release of the report has been announced by the OECD with a press release dated 25 January 2021. Furthermore from the press release: Taxing Energy Use for Sustainable Development: Opportunities for energy tax and ...
Latin America and the Caribbean: Tax revenues expected to recover after dip in 2016
Tax revenues in Latin America and the Caribbean (LAC) dipped in 2016, falling further behind average OECD country levels, but a recovery is likely in subsequent years, according to Revenue Statistics in Latin America and the Caribbean 1990-2016 / Estadísticas tributarias en América Latina y el Caribe 1990-2016. The average tax-to-GDP ratio stood at 22.7% in 2016, a fall of 0.3 percentage points since 2015, the report says. This was announced ...