Taxpayers say it's time for Prince Harry and Meghan Markle to pay back £2.4m cost to fix up Frogmore
The couple took the eye-watering sum from the Sovereign Grant in April last year to fund the massive renovations at their home on the Windsor estate in Berkshire (pictured).
Taxpayers coughed up $7million in one year on cocktail parties including $165,000 for sports dinners
Taxpayers in 2017 stumped up $45,000 and $120,000 for two separate Australian Sports Commission dinners in Melbourne and Sydney hosted by cabinet minister Greg Hunt.
Tax Reform key in low growth economy - 17 Nov
Major tax reform is the most sensible lever to pull to combat a projected $48 billion in lost revenue in our new low growth economy.
US rescue must be transparent, consistent and fast
Taxpayers ought to receive a share of the upside after big business recovers
Tax boost for maturing child trust funds
New rules allow savings to go straight into an Isa without affecting the annual allowance
Taking pay cut ‘could trigger a tax bill’
Tax experts warn of unintended consequences of reducing or giving away pay and bonuses
Tax tribunal struggling to cope with remote hearings, lawyers say
Disputes backlog in ‘under-resourced’ lower court reached 27,280 last quarter
Company car users on furlough can save thousands of pounds
Tax bills can be reduced by handing back a vehicle to an employer
HMRC suspends some tax investigations due to pandemic
Tax authority switches focus to supporting businesses and individuals via job retention scheme
Argentina Tax Revenue
Tax Revenue in Argentina decreased to 389660 ARS Million in April from 443637 ARS Million in March of 2020. Tax Revenue in Argentina averaged 72684.81 ARS Million from 1995 until 2020, reaching an all time high of 527300 ARS Million in January of 2020 and a record low of 2818.66 ARS Million in December of 2001. In Argentina, tax revenue is defined as the revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other taxes. This page provides - Argentina Tax Revenue- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Taxation and Investment in India
Business taxation in India is characterised by high effective tax rates, a narrow tax base, and an uncertain tax environment for potential investors.
Making income and property taxes more growth-friendly and redistributive in India
Tax reforms are crucial to promoting inclusive growth in India.
Tax planning by multinational firms: Firm-level evidence from a cross-country database
This paper exploits firm-level data from the ORBIS database to assess international tax planning by multinational enterprises (MNEs).
Taxes, income and economic mobility in Ireland: new evidence from tax records data
This paper analyses income inequality in Ireland using a new panel dataset based on the administrative tax records of the Revenue Commissioners for Ireland.
Taxation and investment in Colombia
The Colombian corporate tax system is highly complex and distortive. The effective tax burden on businesses is very high due to the combined effect of the corporate income tax, the corporate surtax introduced in 2012 (CREE), the net wealth tax on business assets and the value added tax (VAT) on fixed assets.
Taxing the rent of non-renewable resource sectors: a theoretical note
This study analyses the economic rent generated by the exploitation of a non-renewable resource, and the taxation of this rent.
The efficiency and equity of the tax and transfer system in France
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at lower cost.
Taxing Energy Use: Key Findings for Brazil
This country note explains how Brazil taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxing Energy Use 2018: Key findings for Brazil
This note describes the taxation of energy use in Brazil. It contains the country’s energy tax profiles, followed by country-specific information to complement the general discussion in Taxing Energy Use 2018 (OECD, 2018).
OECD tax burdens on wages rising without tax rate increases
Taxes on wages have risen by about 1 percentage point for the average worker in OECD countries between 2010 and 2014 even though the majority of governments did not increase statutory income tax rates, according to a new OECD report.
Latin America: Tax revenues continue to rise, but are low and varied among countries, according to new OECD-ECLAC-CIAT report
Tax revenues in Latin American countries continue to rise but are lower as a proportion of their national incomes than in most OECD countries. Revenue Statistics in Latin America 2012 shows that Argentina and Brazil have the highest tax revenue to GDP ratio, while Guatemala and Dominican Republic stand at the lower end.
Latin America: Tax revenues are rising, but still low and varied among countries
Tax revenues in Latin American countries are lower as a proportion of their national incomes than in most OECD countries, but are rising slowly. Revenue Statistics in Latin America shows that the average tax revenue to GDP ratio in the 15 Latin American countries covered by the report increased from 19% in 2009 to 19.4% in 2010, after falling from a high point of 19.7% in 2008.
Tax reform to support growth and employment in Finland
Finland raises a large amount of taxes to finance high-quality public services and redistribute income.
Tax reforms, more efficient public spending and better public governance, keys to consolidating Indonesia’s strong economic progress
Indonesia has undergone an extraordinary transformation over the past two decades, benefiting from strong growth that has lifted millions out of poverty and allowed important progress in areas such as health and education. But low levels of public spending and tax revenue are undermining the quality of social services and exacerbating infrastructure gaps, according to the OECD.
Taxing Energy Use: Key findings for India
This country note explains how India taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxing Energy Use: Key findings for Indonesia
This country note explains how Indonesia taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxing Wages: Key findings for Belgium
The tax wedge for the average single worker in Belgium decreased by 0.5 percentage points from 52.7 in 2018 to 52.2 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Belgium had the highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Belgium
This country note explains how Belgium taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxation of household savings: Key findings for Belgium
This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.
Tax: Jurisdictions move towards full tax transparency
Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.
Tax: Revenues rising slowly across the OECD
In most OECD countries tax revenues are continuing to rise in relation to GDP from the 2008-09 declines seen at the beginning of the crisis, according to OECD’s annual Revenue Statistics. OECD countries collected about 34.0% of GDP in taxes in 2011, compared with 33.8% in 2010.
Taxing Wages: Key findings for Austria
The tax wedge for the average single worker in Austria increased by 0.3 percentage points from 47.6 in 2018 to 47.9 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Austria had the 4th highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Austria
This country note explains how Austria taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxation of household savings: Key findings for Austria
This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.
Tax: Jurisdictions move towards full tax transparency
Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.
Taxing Wages: Key findings for Japan
The tax wedge for the average single worker in Japan remained the same at 32.7 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Japan had the 26th lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Japan
This country note explains how Japan taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxation of household savings: Key findings for Japan
This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.
Taxing Wages: Key findings for Australia
The tax wedge for the average single worker in Australia decreased by 1.0 percentage point from 28.9 in 2018 to 27.9 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Australia had the 30th lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Australia
This country note explains how Australia taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxation of household savings: Key findings for Australia
This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.
Taxing Wages: Key findings for the Czech Republic
The tax wedge for the average single worker in the Czech Republic increased by 0.1 percentage points from 43.8 in 2018 to 43.9 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 the Czech Republic had the 7th highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for the Czech Republic
This country note explains how the Czech Republic taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxing Wages: Key findings for Denmark
The tax wedge for the average single worker in Denmark remained the same at 35.4 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Denmark had the 23rd lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Denmark
This country note explains how Denmark taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxing Wages: Key findings for Chile
The tax wedge for the average single worker in Chile remained the same at 7.0 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Chile had the lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Colombia
This country note explains how Colombia taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxing Energy Use: Key findings for Chile
This country note explains how Chile taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Latin America and the Caribbean: Tax revenue gains under threat amid deteriorating regional outlook
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the Covid-19 pandemic.
Tax and fiscal policies central to governments’ responses to Covid-19 crisis
With global economic activity facing a historic drop and government spending rising dramatically, the implications of the Covid-19 crisis on public finances and tax revenues are significant.