OECD publishes tax revenue and consumption tax trends up to 2017

Dec 03, 2018

Tax systems across OECD countries are converging towards higher tax levels and greater reliance on value-added taxes, social security contributions and corporate taxes according to the latest studies from the OECD set to be formally launched on Wednesday 5 December.

Revenue Statistics 2018 provides data on government tax revenues from 1965 to 2017, including the tax to GDP ratio, revenues collected by central, state and regional governments, and the relative importance of personal and corporate income tax, social security contributions and taxes on goods and services in the tax mix.  The tax-to-GDP ratio in Ireland decreased by 0.1 percentage points from 23.1 percent in 2015 to 23.0 percent in 2016 and was ranked 33rd out of 35 member states in term of tax-to-GPD in 2016.   The OECD average tax-to-GPD increased from 34 percent in 2015 to 34.3 percent in 2016.

Consumption Tax Trends 2018 considers Value Added Tax/Goods and Services Tax (VAT/GST) and excise duties in OECD member countries. It provides cross-country comparative data about the tax base, rates and implementation rules and looks at the application of VAT/GST to international trade.