Income tax and social security contributions declined slightly for the average worker across the OECD in 2018, driven by major reforms in a handful of countries, according to Taxing Wages OECD’s report.
Read moreTax Facts
The Tax Foundation recently released its report on Tax Freedom Day. Tax Freedom Day is a significant date for taxpayers and lawmakers because it represents how long Americans as a whole have to work in order to pay the nation’s tax burden. This year, Tax Freedom Day falls on April 16, or 105 days into the year.
Read moreThe International Tax Competitiveness Index is a powerful tool that can help you identify strengths and weaknesses with your country’s tax code, and develop a road map towards positive reforms.
Read moreThe Bottom 10 per cent of Earners in Britain are Paying Half of their Income in Tax
2 July 2018 | Taxpayers’ Alliance (TPA) / United Kingdom
New analysis by the TaxPayers’ Alliance shows that the bottom 10 per cent of earners in Britain are paying half of their income in tax, which is a dramatic increase on the previous year.
Read moreScott Hodge, president of the Tax Foundation acknowledges that “although there is no empirical standard for what constitutes a “fair share” of the tax burden, tax fairness is often used by leading international organizations, such as the European Commission, and non-governmental organizations (NGOs) such as the Tax Justice Network, to justify higher taxes on businesses and corporations”.
Read moreThe Institute of Economic and Social Studies in Slovakia (INESS) finds that the Price of the State per person is rising every year, this time the number hitting EUR 6326.
Read moreEuropean Commission published its annual report on the performance of EU Member States’ tax systems.
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