The OECD has announced the release of its annual Corporate Tax Statistics publication, showing that statutory corporate tax rates are stabilizing worldwide following years of decline. --- New OECD data highlight stabilisation in statutory corporate tax rates worldwide Statutory corporate tax rates are stabilising worldwide after a lengthy period of falling rates, according to new OECD data released today. The 2024 edition of OECD Corporate Tax Statistics shows that average statutory corporate income tax (CIT) rates have remained steady at 21.1% over the past three years. This follows a two-decade period that saw average statutory CIT rates decline from 28%...