OECD
Reports on OECD See all →
Taxing the digital economy
An ongoing international effort to rewrite the global tax rules for the digital economy would be a dramatic shift with potentially damaging consequences. Fear of countries unilaterally levying their own digital taxes has led to an alternative at the OECD, motivated by both fiscal and political factors. The new proposal would abandon the tax’s connection to business location and would work toward an international minimum tax on corporate profits. If the plan overcomes stiff political challenges and succeeds, consumers and workers may pay the price. If not, the global tax environment will continue to be chaotic, but tax rates will likely remain low and promote investment and growth.
FATCA’s dragnet tax compliance has high costs
The U.S. remains one of just a few countries that claim taxing rights on labor income earned abroad. Doing so has likely not raised net revenue, and the price tag for implementation and compliance outstrips even the rosiest revenue projections. Maintaining the system is detrimental to the U.S. economy and ...
A choice for economies: Freedom or socialism
Some say the global economy is slowing down due to Brexit and the U.S.-China trade dispute – but these developments are not the real dangers. Far more insidious is the trend toward increased government influence in economies and large public debts. Yet, even many economists have adopted the notion that ...
Big government means high taxes
There is a growing myth that the rich are not paying their fair share in taxes and that the middle class is therefore overtaxed. This is not the case. High-income taxpayers across the OECD pay more than their share of the national income. The blame for heavy tax burdens in ...
Peru’s president bets on fighting corruption
Peruvians will vote in a December referendum that could introduce anti-corruption rules giving President Martin Vizcarra a stronger hand as he faces a hostile congress. If the referendum fails, however, the country’s new leader would be weakened, prolonging Peru’s political dysfunction and holding its economy back.
Videos on OECDSee all →
