Assessing tax levels and the tax mix in OECD countries:
Revenue Statistics and Consumption Tax Trends 2020 to launch on
Thursday, 3 December 2020, 11:00 (CET)
27/11/2020 – How do tax levels compare across OECD countries? What factors are driving the variation in tax burdens seen worldwide? Which taxes comprise the largest and smallest sources of revenue, on a country-by-country basis? What measures have countries put in place as part of their fiscal and tax policy responses to the COVID-19 outbreak? What does the 2008 global financial crisis tell us about how consumption tax revenues are likely to be affected by COVID-19?
Two new OECD reports to be published on Thursday, 3 December provide internationally comparable statistics and analysis designed to inform the tax policy debate:
Revenue Statistics 2020 provides data on government tax revenues in OECD countries from 1965 to 2019, including the tax-to-GDP ratio, revenues collected by central, state and regional governments, and the relative importance of personal and corporate income taxes, social security contributions, property taxes, and taxes on goods and services in the tax mix. It includes a special feature on consumption tax revenues under COVID-19 drawing on lessons from the 2008 global financial crisis.
Consumption Tax Trends 2020 provides data on Value Added Taxes/Goods and Services Taxes (VAT/GST) and excise duty bases and rates in OECD countries, on excise regimes for tobacco, alcoholic beverages and mineral oils and on the taxation of motor vehicles and aviation fuels. It contains information on trends and variations in VAT/GST design across OECD countries and provides an estimate of the efficiency of this tax in raising revenue. It includes a special section on the VAT measures included in OECD countries’ tax policy responses to the COVID-19 outbreak.
Both Revenue Statistics and Consumption Tax Trends will be under embargo until Thursday, 3 December 2020, 11:00 (CET). Advance copies will be available to media the day before the release. Requests for advance copies or interviews should be directed to firstname.lastname@example.org.
In asking to receive copies under embargo, journalists undertake to respect the OECD's embargo procedures.
For further information or to request an interview, contact Lawrence Speer in the OECD Media Office.
Please note: The OECD's embargo rules prohibit any broadcast, news wire service or Internet transmission of text or information about this report before the stated release time. They also prohibit any communication of the contents of the report or any comment on its forecasts or conclusions to any outside party whatsoever before the stated release time. News organisations receiving OECD material under embargo have been informed that if they breach the OECD's embargo rules they will automatically be excluded in the future from receiving embargoed information.