Wealth

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Over the last few weeks, Germany has been debating whether to raise the value-added tax (VAT) on meat. Currently, meat, along with certain other goods and services, faces a reduced VAT rate of 7 percent, compared to the standard rate of 19 percent. Various reasons have been stated in support of such a tax hike, with agriculture’s
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The Organisation for Economic Co-operation and Development (OECD) recently published a report on tax revenue statistics in selected Asian and Pacific countries, covering 17 tax jurisdictions. The report provides tax revenue data from 2007 to 2017 and includes a section on nontax revenue data for selected Pacific economies. Tax revenue as a percent of GDP
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Flights in Europe are known for being cheap, allowing travelers to fly from London to Berlin for as little as €18 (US $21.23). However, more than half the European countries levy some type of tax on air travel. Today’s map shows the average amount of aviation taxes per passenger, measured as total aviation tax revenue
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Countries around the world have been trying different approaches to changing their tax laws to address some of the difficulties associated with taxing digital commerce. While many countries are looking at digital services taxes to tax gross revenues associated with online advertisements and marketplaces or sales of user data, other countries are taking a different
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Was this page helpful to you? Thank You! The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work? Contribute to the Tax Foundation Share This Article! Let us know how we can better serve you!
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