OECD Publishes Reports on Tax Revenue Statistics and Consumption Tax Trends

On 5 December 2018, the OECD announced the publication of its reports on tax revenue statistics and consumption tax trends.

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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.

Revenue Statistics 2018 shows that the OECD average tax-to-GD…