Tax Structures and Government Revenue Around the World.
| Date | 01 July 2021 |
| Published date | 01 July 2021 |
Countries in the Organisation for Economic Co-operation and Development (OECD) vary greatly in how tax revenue is generated. For example, although all OECD countries levy a corporate income tax, it typically raises far less revenue than other tax sources.
Using the 2019 OECD average of 9.6 percent as a benchmark for the share of tax revenue from corporate income taxes, according to the Tax Foundations Sources of Government Revenue in the OECD, countries such as Colombia and Chile rely more heavily on such revenue. Others such as Latvia and Hungary rely very little on corporate income tax for revenue.
Below, see how OECD countries' tax structures, and thus sources of tax revenue, differ. To learn more about the Tax Foundation's...
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