OECD COMPREHENSIVE INTERNATIONAL TAX GUIDE SAYS RICH COUNTRY TAXES ON RISE

BY KEITH NUTHALL THE ORGANISATION for Economic Cooperation & Development (OECD) has released a detailed report on how taxes are paid and structured in its 34 member countries, noting they rose in 26 countries during 2011. Ireland, Luxembourg, Portugal and Slovakia taxpayers were among those hardest hit, with taxes falling in the USA and New Zealand. The report 'Taxing Wages' covers personal income taxes, social security contributions, payroll taxes and cash benefits paid to working families. "The purpose is to illustrate how these taxes and benefits are ...


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