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 ...
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 ...