- Internacional
- noviembre 30, 2011
Tax revenues stabilize in OECD countries in 2010
OECD countries acknowledge that taxes must play a role in the process of fiscal consolidation as they battle unprecedented budget deficits.
New OECD data in the annual Revenue Statistics publication show that the majority of OECD governments have stabilized their tax to GDP, with the average ratio moving up slightly from 33.8% in 2009 to 33.9% (1) in 2010. That’s still down from 34.6% in 2008 and well below the most recent high point of 2007 when tax to GDP ratios averaged 35.2%.
