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 ...
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Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives

Taxing polluting sources of energy is an effective way to curb emissions that harm the planet and human health, and the income generated can be used to ease the low-carbon transition for vulnerable households. Yet 70% of energy-related CO2 emissions from advanced and emerging economies are entirely untaxed, offering little incentive to move to cleaner energy, according to a new OECD report as announced in a press release published on ...
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As the pace of tax reform slows, countries are urged to take bolder action

The pace of tax reforms has slowed across most leading economies and bolder tax reforms will be needed to address future challenges, according to a new OECD report. This was announced in a press release published on the website of the OECD. Tax Policy Reforms 2019 describes the latest tax reforms across all OECD countries, as well as in Argentina, Indonesia and South Africa. The report identifies major tax policy trends and ...
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Tax reforms accelerating with push to lower corporate tax rates

Countries have used recent tax reforms to lower taxes on businesses and individuals, with a view to boosting investment, consumption and labour market participation, continuing a trend that started a couple of years ago, according to a new report from the OECD. This has been expressed by the OECD in a press release on its website covering the release on 5 September 2018 of the report "Tax Policy Reforms 2018; ...
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Raising revenues through carbon pricing can help improve energy affordability, according to an OECD report

  In a press release of 11 May 2017 the OECD announced a new OECD report The impact of energy taxes on the affordability of domestic energy.  The report reveals that transferring a third of the additional revenues from an energy pricing reform to poor households would be sufficient to increase their ability to pay for their energy needs. For more information about the press release and the report, please ...
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