Lemanik

24-11-2017

OECD 2016 avg tax-to-GDP ratio 34.3% vs 34.0% in 2015

The average tax-to-GDP ratio in countries making up the Organisation for Economic Cooperation and Development (OECD) rose to 34.3% in 2016 from 34.0% the year earlier, a new OECD report showed. Increasing tax-to-GDP levels were seen in 20 of the 33 OECD countries that provided preliminary data in 2016, while tax-to-GDP levels fell in the remaining 13 countries. RADIOCOR