OECD SAYS PERSONAL INCOME TAXES ARE RISING IN RICH WORLD
May 10th, 2014PERSONAL income taxes have risen in 25 out of 34 Organisation for Economic Cooperation & Development (OECD) member developed countries over the past three years, said an OECD report. Rates have risen, while tax-free allowances and tax credits have fallen. The steepest rises were in the USA, Portugal and Slovakia, with the average OECD tax burden on employment incomes increasing by 0.2% in 2013, to 35.9%. *http://www.oecd-ilibrary.org/taxation/taxing-wages-2014_tax_wages-2014-en
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.