OECD Publishes Report on Labor Taxation
The OECD has published its annual report on taxes on labor, finding that overall taxation has dropped for the third consecutive year in 2016. Key findings include:
- Across OECD countries, the average personal income tax (PIT) and social security contributions (SSCs) on employment incomes was 36.0% in 2016, a decrease of 0.07 percentage points relative to 2015.
- In 2016, the highest average tax w…