All other components of the current business tax system would remain as under current law e. Consumption tax trends 2012 guidelines for completing the tables delegates are asked to check andor complete the tables showing data as at 1 january 2012. Tax revenues in africa represent an increasing share of gdp during the last decade 2012 figure 5. Tax policy analysis homepage oecd tax database taxing wages dissemination format. Consolidation on the revenue side country experiences. Italy oecd unweighted average revenue statistics 2014 italy. The current duty rate levied on a standard bottle of table wine is around 32% higher in real terms than the rate set in 1995. Oecd publishes public comments on the tax treaty treatment of termination payments on 25 june 20, the oecd released for public comment a discussion draft on the tax treatment of various payments that may be made following the termination of an employment. However, a consumption tax can also be structured as a form of direct, personal taxation, such as the hallrabushka flat tax. Consumption tax trends 2012 vatgst and excise rates, trends and administration issues consumption tax trends provides information on value added taxgoods and services tax vatgst and excise duty rates in oecd member countries.
Addressing the tax challenges of the digital economy. The consumption of ethanol by flexfuel car owners in brazil should therefore increase significantly as a result of the anticipated growing crude oil price. Ctpa tax administration and consumption taxes division at email. While a common recourse for revenue is to raise targeted taxes on unpopular groups, such as smokers cigarette taxes, drinkers liquor taxes, gamblers lotteries, slots and casinos, eaters fat taxes, meal taxes, and soda taxes and highincome earners taxes on luxuries. In 2014, 164 nations imposed value added taxes, and the number is growing. Click download or read online button to get consumption tax trends 2010 vat gst and excise rates trends and administration issues book now. The cultivation of nonedible crops to produce biofuels is expected to remain on a project or. Consumption tax trends netherlands vat rate 2019 1. Consumption tax trends 2012 vat gst and excise rates. How to achieve growth and equityfriendly consolidation, oecd economics department working paper no. Eia published an early release version of the aeo2012 reference case in january 2012. Pit are the largest source of tax revenues in oecd countries. In this study we assess the relationship between several tax items and consumption and income inequality levels.
Oecd 2010b oecd 2010a different years between 2004 and 2008 oecd 2010a broad base low rate oecd 2010b tax expenditures in oecd countries source. Of this amount, vat has become the largest tax on general consumption, bringing in 19. Vatgst and excise rates, trends and administration. Care should always be taken when considering a countrys practices to fully appreciate the complex factors that have shaped a particular approach. Tax reform trends in oecd countries introduction over the last two decades almost all oecd countries have made major structural changes to their tax systems. Click download or read online button to get consumption tax trends 2012 vat gst and excise rates trends and administration issues book now. It also contains information about indirect tax topics such as international aspects of vatgst developments and the efficiency of this tax. It also contains information about international aspects of vatgst developments and the efficiency of this tax. Shifting the balance from direct to indirect taxes. Reducing opportunities for tax noncompliance in the underground economy. For each of the 24 oecd countries covered, the inventory provides a succinct summary of its energy economy, and of the budgetary and taxrelated measures provided at the centralgovernment level and, in the case of federal countries, for selected subnational units of government relating to fossilfuel production or consumption.
Including the impact of the consumption tax hike from 5% to 8% in april 2014. Revenue statistics in latin america 2012 shows that argentina and brazil have the highest tax revenue to gdp ratio, while. The relative share of this subset of ict products and services in the total worldwide electricity consumption has increased from about 3. Consumption tax trends 2014 oecd reports published deloitte.
Recent empirical studies suggest that there is a robust link between tax structure and economic growth. Oecd tax database 1st january 2019 vat revenue ratio the dutch standard vat rate is 21. R krever, designing and drafting vat laws for africa, in r krever ed, vat in africa pretoria university law press, 2008, 9, 27. In 20, oecd and g20 countries, working together on an equal footing, adopted a 15point action plan to address beps. Building on the forums previous work on compliance risk management, this information note explores the approaches and experiences of member revenue bodies in addressing tax risks associated with the underground economy, including the use of electronic payment systems to both conceal and reveal unreported income. Using panel data for 21 oecd countries during 19702004, arnold et al. Oecd tax database 1st january 2019 vat revenue ratio the hungarian standard vat rate is 27. Data on spain across agriculture,development,economy,education,energy,environment,finance,government,health,innovation and technology,jobs,society. The tax base of such a tax is the money spent on consumption. It describes a range of other consumption taxation provisions on tobacco, alcoholic beverages and motor vehicles. Consumption tax trends 2010 vatgst and excise rates, trends and administration issues this publication provides information on value added taxes, taxes on goods and services and excise duty rates in oecd member countries.
The oecd has now published the comments received on this discussion draft. The oecd tax database provides comparative information on a range of tax statistics tax revenues, personal income taxes, nontax compulsory payments, corporate and capital income taxes and taxes on consumption that are levied in the 34 oecd member countries. Oecd tax database 1st january 2019 vat revenue ratio the italian standard vat rate is 22. Richard krever, designing and drafting vat laws for africa in r krever ed vat in africa pretoria university law press, pretoria, 2008 9, 27. Pdf tax structure for consumption and income inequality. Consumption tax trends 2012 vat gst and excise rates trends. Political hardening index 19962011 base year 1996 100. Relevance of the oecd international vatgst guidelines for.
Oecd tax database 1st january 2019 vat revenue ratio the spanish standard vat rate is 21. Tax revenues in latin american countries continue to rise but are lower as a proportion of their national incomes than in most oecd countries. Oecd publishes latest study on consumption tax trends. Please note that oecd reference year from 2010 to 2015 changed on tuesday 3rd of december, 2019. Consumption tax trends provides information on value added taxgoods and services tax vatgst and excise duty rates in oecd. Oecd analytical database and oecd estimates and projections. Oecd s dissemination platform for all published content books, serials and statistics.
For oecd countries between 1980 and 2015 we use panel data techniques and find tax. The study points out that consumption taxes including both taxes on general consumption and those on specific goods and services amounted to around 31% of total tax revenue in the oecd countries in 2012 and this percentage has remained approximately the same since 1975. Overall in the overall in the oecd, sscs and payroll taxes accounted for 27. Pdf trends in worldwide ict electricity consumption from. Building on the forums previous work on compliance risk management, this information note explores the approaches and experiences of member revenue bodies in addressing tax risks associated with the underground economy, including the use of electronic payment systems to both conceal and reveal unreported. Vatgst and excise rates, trends and administration issues oecd publishing, paris, 2012, 65. What has however changed is the composition of the consumption taxes. Mirroring the trends seen in past years, corporate and indirect tax rates around the world are in constant flux as governments seek to hike indirect tax rates to raise revenue while cutting corporate tax rates to attract.
The core cpi is the oecd definition, which excludes both food and energy. Energy information administration eia, presents longterm projections of energy supply, demand, and prices through 2035, based on results from eias national energy modeling system nems. Consumption tax trends 2010 vat gst and excise rates trends. The annual energy outlook 2012 aeo2012, prepared by the u. Vatgst and excise rates, trends and administration issues oecd publishing, paris, 2012 49. Oecdg20 base erosion and profit shifting project addressing the tax challenges of the digital economy addressing base erosion and profit shifting is a key priority of governments around the globe. Stephane buydens, consumption tax trends 2012 oecd, 2012. Consumption tax trends 2010 vat gst and excise rates. Please note that the following tables should not be completed by delegates. Consumption tax trends 2014 oecd reports published.
Consumption tax trends 2012 vatgst and excise rates, trends and administration issues chinese version. An analysis of senator cardins progressive consumption tax fact. It also contains information about international aspects. Consumption tax trends 2012 vatgst and excise rates, trends and administration issues. For each of the 24 oecd countries covered, the inventory provides a succinct summary of its energy economy, and of the budgetary and tax related measures provided at the centralgovernment level and, in the case of federal countries, for selected subnational units of government relating to fossilfuel production or consumption. This site is like a library, use search box in the. Oecd g20 base erosion and profit shifting project addressing the tax challenges of the digital economy addressing base erosion and profit shifting is a key priority of governments around the globe. Consumption tax trends 2014 italy vat share of total tax revenues the oecds biennial consumption tax trends report found that vat revenues in italy accounted for. Consumption tax trends 2012 vatgst and excise rates, trends and administration issues consumption tax trends provides information on value added tax goods and services tax vatgst and excise duty rates in oecd member countries. Public protests, civil violence and food price indices 2012 figure 5. Data and research on consumption tax including indirect tax topics such as value added tax vat, goods and services tax gst, consumption taxes provisions, motor vehicles, tobacco and alcohol. For comparison, the unweighted average for the nations in the organisation for economic cooperation and development oecd excluding the united states is presently 24. The digitalization of the economy is considered as a key driver of innovation, economic growth and societal change, and is a major challenge for the international tax system.
Total tax revenue equaled 24 percent of gross domestic. Vatgst refers to value added tax goods and services tax source. Uk levying one of the highest tax burdens on alcohol among oecd countries. Hungary applies reduced vat rates of 5% and 18% to a number of goods and services. This publication is part of our top 10 state tax trends in recession and recovery series. Consumption tax trends 2012 read online oecd ilibrary. In the case of the personal and corporate income tax regimes reforms have generally been rate reducing and base broadening, following the lead given by the united. Electronic service capabilities by function provided in 2009 and planned for 2012personal. Consumption tax trends provides information on value added tax goods and services tax vatgst and excise duty rates in oecd member countries. Consumption tax trends provides information on value added taxgoods and services tax vatgst and excise duty rates in oecd member countries. Oct 18, 2012 tax wedge on labor has been reduced almost by 0.
Vatgst refers to value added taxgoods and services tax. Consumption taxes are usually indirect, such as a sales tax or a valueadded tax. Mar 02, 2015 the taxes on general consumption, such as vat, currently raise an average of 20. Consumption tax trends provides information on value added taxgoods. Organisation for economic cooperation and development. The united arab emirates claimed the highest corporate tax rate in 2012 55 percent, followed by the us 40 percent and japan 38. Jan 07, 2015 the evolution of consumption tax revenues between 1965 and 2012 and looks in more detail at the main features of vat regimes in oecd countries, the impact of reduced vat rates and the main features of excise duties and vehicle taxes and their impact. An analysis of senator cardins progressive consumption. The valueadded tax vata type of general consumption tax collected in stagesis the main source of consumption tax reve. This should lower uncertainties concerning the use of first and second generation biofuels over the first part of the projection period. A consumption tax is a tax levied on consumption spending on goods and services. The latest oecd consumption tax trends data show that the uk levies one of the. Download consumption tax trends 2012 vat gst and excise rates trends and administration issues or read online books in pdf, epub, tuebl, and mobi format. The oecd has addressed this challenge in its extensive action 1 final report as part of its beps project.