A new OECD report looking at tax reforms across OECD countries in 2015 found governments giving priority to boosting growth, in contrast to the fiscal consolidation seen over recent years.
A new OECD report looking at tax reforms across OECD countries in 2015 found governments giving priority to boosting growth, in contrast to the fiscal consolidation seen over recent years. The report, Tax policy reforms in the OECD, is the first edition of a new annual monitoring exercise to identify common tax policy trends across the OECD (see here).
The main reforms in 2015 involved reductions in labour and corporate income taxes, but only relatively limited moves toward reform of environmental and property taxes. The most comprehensive tax reforms took place in Austria, Belgium, Greece, Japan, the Netherlands, Norway and Spain.
The report is based primarily on responses to the OECD tax policy reform questionnaire, which is sent yearly to all member countries. Pascal Saint-Amans, director of the OECD Centre for Tax Policy and Administration, said ‘monitoring tax policy reforms over time and understanding the context in which they were undertaken is crucial to informing tax policy discussions and supporting countries in the assessment and design of tax reforms’.
A new OECD report looking at tax reforms across OECD countries in 2015 found governments giving priority to boosting growth, in contrast to the fiscal consolidation seen over recent years.
A new OECD report looking at tax reforms across OECD countries in 2015 found governments giving priority to boosting growth, in contrast to the fiscal consolidation seen over recent years. The report, Tax policy reforms in the OECD, is the first edition of a new annual monitoring exercise to identify common tax policy trends across the OECD (see here).
The main reforms in 2015 involved reductions in labour and corporate income taxes, but only relatively limited moves toward reform of environmental and property taxes. The most comprehensive tax reforms took place in Austria, Belgium, Greece, Japan, the Netherlands, Norway and Spain.
The report is based primarily on responses to the OECD tax policy reform questionnaire, which is sent yearly to all member countries. Pascal Saint-Amans, director of the OECD Centre for Tax Policy and Administration, said ‘monitoring tax policy reforms over time and understanding the context in which they were undertaken is crucial to informing tax policy discussions and supporting countries in the assessment and design of tax reforms’.
