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OECD Publishes Annual Reports on Tax Revenue Statistics and Consumption Tax Trends

04 December 2020

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OECD

The OECD has announced the publication of its annual reports on tax revenue statistics and consumption tax trends. --- OECD tax revenues fall slightly before the COVID-19 pandemic, but countries face much larger decreases ahead, particularly from consumption taxes 03/12/2020 - Tax revenues fell across the OECD for the first time in a decade during 2019, but a much larger decrease is expected in 2020 as the COVID-19 pandemic drives down economic activity and consumption tax revenues, according to new OECD research published today. The 2020 edition of the OECD's annual Revenue Statistics publication shows that the average tax-to-GDP ratio...