New OECD data highlight stabilisation in statutory corporate tax rates worldwide

Statutory corporate tax rates are stabilising worldwide after a lengthy period of falling rates, according to new OECD data released on July 11, 2024. This has been announced with a news release on the website of the OECD. Further from the news release: The 2024 edition of OECD Corporate Tax Statistics shows that average statutory corporate income tax (CIT) rates have remained steady at 21.1% over the past three years ...