Tax revenues continue increasing as the tax mix shifts further towards corporate and consumption taxes
Tax revenues in advanced economies have continued to increase, with taxes on companies and personal consumption representing an increasing share of total tax revenues, according to new OECD research. This was announced in a press release dated 5 December 2018 as published on the website of the OECD. From the press release: The 2018 edition of the OECD’s annual Revenue Statistics publication shows that the OECD average tax-to-GDP ratio rose ...