On October 2nd, the Tax Foundation released the 2019 International Tax Competitiveness Index, which compares OECD countries on over 40 variables that measure how well each country’s tax system promotes sustainable economic growth and investment.Read more
According to the calculations made by Contribuables Associés, the French taxpayers’ association, the ratio between public expenditure (State, local authorities, social security, European Union) and the wealth created in France (GDP) is 55.6% in 2019.Read more
Tax Freedom Day in Austria was August 5th, according to the Austrian Economics Center.
Tax Freedom Day was July 1st in 1976. Since then, the tax burden has grown significantly, pushing the date to August 20th in 2001 and August 19th in 2015.
July 18th is when the Swedish taxpayers celebrated their Tax Freedom Day in 2018 according to the Swedish Taxpayers Association.Read more
According to Asociación de Contribuyentes del Perú, the taxpayers in Peru are working 135 days to pay for the income tax, value-added tax, social security contributions and other local taxes.Read more
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 more
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 more
Tax Foundation’s latest study compares corporate tax rates around the world.Read more
The 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 more
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 more