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 ...
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 ...
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; ...