The tax wedge for the average single worker in Israel increased by 0.2 percentage points from 22.5 in 2018 to 22.7 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Israel had the 32nd lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

This country note explains how Ireland taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax wedge for the average single worker in Ireland increased by 0.3 percentage points from 32.9 in 2018 to 33.2 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Ireland had the 24th lowest tax wedge among the 36 OECD member countries, compared with the 25th in 2018.

Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change,according to a new OECD study.

This country note provides an environmental tax and carbon pricing profile for Germany. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today the first 10 outcomes of a new and enhanced peer review process aimed at assessing compliance with international standards for the exchange of information on request between tax authorities.

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

The German standard VAT rate is 19.0%, which is close to the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Germany was 16% in 2006. It changed to the current level in 2007. Germany applies a reduced rate of 7% to a number of goods and services.

This country note explains how Germany taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax wedge for the average single worker in Germany decreased by 0.1 percentage points from 49.5 in 2018 to 49.4 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Germany had the 2nd highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

Tax incentives are used widely across OECD countries to incentivise individuals to invest in education and training, but are they effective? Recent evidence from the USA highlights the risk of creating overly complex systems in which the embedded incentives are no longer fully understood by individuals. This carries an important lesson for other countries in designing their own tax measures for skills investments.

Indonesia has improved its macro-economic and structural policies over the last 15 years. Its economy, with strong and stable growth rates of 5–6.6%, is catching up with other countries in the region and allowing Indonesia to focus on its development agenda.

Colombia and Mexico are a step closer to beneffiting from cross border tax co-operation and information sharing. Colombia has signed, and Mexico has deposited its instrument of ratification for the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

Financial crimes, including corruption, tax fraud and money laundering, are a threat to all countries, both developing and developed. The sums are vast. Estimates have put total proceeds from all illicit activities at 3.6% of global GDP.

The OECD has released a study to help all countries understand and address the risks of sales suppression software. It describes some of the most common electronic sales suppression techniques and shows how these methods can be detected by tax auditors. The report also considers the approaches already adopted by countries in combating this risk and highlights a number of best practices.

This report looks at the issue of tax crime in the fisheries sector, including frauds over taxes on profit and earnings, customs duties, VAT and social security, with examples from real cases.

Heads of tax crime investigation in 44 countries, as well as the Financial Action Task Force and World Customs Organisation, have come together this week at Europol Headquarters in the Hague for the second meeting of the OECD Forum of Heads of Tax Crime Investigation.

The international community should call time on all remaining holdouts who have yet to implement internationally agreed tax transparency standards, OECD Secretary General Angel Gurría said in a new report to the G20.

This OECD expert workshop will bring together experts to assess available data and methodologies to calculate both Total Factor Productivity and Environmentally Adjusted Total Factor Productivity for the aggregate agricultural sector.

Technology Tools to Tackle Tax Evasion and Tax Fraud demonstrates how technology is currently being used by tax administrations in countries worldwide to prevent, identify and tackle tax evasion and tax fraud. These solutions can offer a win-win: better detection of crime, higher revenue recovery, and synergies that can make tax compliance easier for business and tax administrations.

Financial crime is one of the greatest threats to the economic and social well‑being of people living in all countries. Illicit financial activities such as tax evasion, corruption, terrorist financing, computer fraud, money laundering and other financial crimes are a global problem demanding a global response.

More than 200 global tax and economic crime experts have identified key areas for international action following the Fifth OECD Forum on Tax and Crime, in London. In a week dominated by media coverage of offshore issues, the Forum brought experts on tax, customs, anti-corruption, anti-money laundering, policing, and prosecution together to agree priorities for action.

Peru is taking important steps toward fighting corruption and fostering greater transparency and exchange of information by completing the necessary steps to become a Party to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention) and the multilateral Convention on Mutual Administrative Assistance in Tax Matters.

This brochure highlights the key areas of work of the OECD’s Centre for Tax Policy and Administration and the various groups that it serves.

Countries must step up work to ensure that tax authorities and anti-corruption authorities can effectively co-operate in the fight against tax evasion, bribery, and other forms of corruption, according to a joint OECD/World Bank report.

Twenty-eight officials participated in the inaugural “VAT/GST Fraud Investigations” course at the OECD Latin America Academy for Tax and Financial Crime Investigation last week in Buenos Aires.

There are few issues in education that raise as much political and ideological controversy as tuition fees for higher education.

Investing in skills is crucial for fostering inclusive economic growth and creating strong societies. In an increasingly connected world, skills are particularly important for citizens to get the most out of new forms of capital, such as big data and robotics.

This public session will discuss the financial incentives to invest in education, with a particular focus on how tax systems impact skills development in OECD countries. The webinar will present some of the key findings from the OECD’s new report, Taxation and Skills and their implications for policy makers.

This public session discussed the financial incentives to invest in education, with a particular focus on how tax systems impact skills development in OECD countries. The webinar presented some of the key findings from the OECD’s new report, Taxation and Skills and their implications for policy makers.

Make the most of this year’s allowances

Five ways legitimately to cut your IHT bill

Motorists could be stung with significantly higher car tax after the government suggested it could bring it back in line with C02 emissions to hit owners of the dirtiest models hardest.

Nicola Rayner was loving her life and work in Buenos Aires when a night out ended in terror. She recounts the horrifying ordeal that almost cost her her life

A decline in the professional services sector will produce one of the biggest hits to the Treasury's tax take, analysis for The Mail on Sunday reveals.

The number of non-doms, people who are not legally domiciled in the UK but enjoy tax advantages, fell from 98,500 to 78,300 last year, a record low. The tax they contributed also dropped by £2billion.

Almost 4,000 members of the Armed Forces pension scheme breached their annual allowance in 2017-18. This puts them at risk of five or six-figure tax bills under changes introduced in 2016.

The 3 per cent stamp duty surcharge on additional properties was introduced by the former Chancellor in 2016 and it was hoped it would raise £2.9billion in tax by the end of the 2019/2020 tax year.

Devinder Sharma points out the deeper flaws in the thinking behind Budget 2004-5.

Jet had last Friday said that the incident happened when their plane was trying to take off from the runway. But the preliminary probe by Saudi authorities has found that the lane was trying to take off from a taxiway parallel to the take off-designated runway at full power.

Pakistan, which has reported 26,435 confirmed cases of COVID-19 and 599 deaths, has announced it will start lifting a countrywide lockdown from Saturday in a bid to restart economic activity.

As the time passes so quickly, another fiscal year is turning to an end soon, and most of the tax payers must be in the state of panic about keeping the things in order. They might also be planning to approach

On Friday, the Income Tax Department informed that for NRIs/foreign visitors whose stay in India was prolonged due to lockdown, the prolonged stay would not be considered for residential status calculations for income tax purposes for the financial year 2019-20.

नयी दिल्ली। राम भक्तों के लिए एक बड़ी खुशखबरी आई है। सरकार ने अयोध्या में बन रहे भव्य राम मंदिर के लिए बनाए गए ट्रस्ट को किए जाने वाले योगदान पर इनकम टैक्स छूट देने का फैसला किया है। अयोध्या में

ఎంత చెట్టుకు అంత గాలి అంటారు. అది సహజం కూడా. కానీ, భారత దేశం చిన్నోళ్ల ను .. అంటే సామాన్యులను ప్రత్యేకంగా చూస్తుంది. వారిపై ఏ రకమైన భారం మోపాలనుకున్నా ఒకటికి రెండు సార్లు ఆలోచిస్తుంది. కానీ, మన ఆర్థిక మంత్రి నిర్మల సీతారామన్ ఫిబ్రవరి 1 న ప్రవేశపెట్టిన 2020 బడ్జెట్ మాత్రం ఎవరినీ

Fear of an economic meltdown is said to be the main reason behind ending the shutdown at a time when the country's curve, or rate of infections, is edging up sharply