Tax revenues continue bouncing back from the low levels reported in almost all countries , at the height of the global economic crisis, according to new OECD data in the annual Revenue Statistics publication. The average tax revenue to GDP ...
The overall tax-to-GDP ratio, meaning the sum of taxes and social contributions in % of GDP, in the EU27 stood at 38.8% in 2011, from 38.3% in 2010 and 38.4% in 2009. The overall tax ratio in the euro area (EA17) increased to 39.5% in 2011, ...
Tags: European Union, Tax-to-GDP