Work Harder for More Tax

August 3, 2015

That's the message from the Organisation of Economic Cooperation and Development (OECD), which finds that many countries around the world - particularly in Asia - need to work much harder to raise tax revenues.

 

Their measure of 'tax effort' - the ratio of actual tax revenues to estimated potential tax revenues - shows that Singapore, Indonesia, Thailand and China need to work much harder to raise tax.

 

OECD: Tax effort vs GDP per Capita, 2014

 Source: OECD, Indonesia Overview, March 2015

 

 

 

Please reload