These country profiles focus on countries’ domestic legislation regarding key transfer pricing principles, including the arm’s length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.
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Taxing Wages: Key findings for the United Kingdom
The tax wedge for the average single worker in the United Kingdom increased by 0.4 percentage points from 30.9% in 2020 to 31.3% in 2021. The OECD average tax wedge in 2021 was 34.6% (2020, 34.6%). In 2021, the United Kingdom had the 28th lowest tax wedge among the 38 OECD member countries, occupying the...
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Revenue Statistics: Key findings for Canada
The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Canada decreased by 1.0 percentage point from 34.3% in 2020 to 33.2% in 2021. Between 2020 and 2021, the OECD average increased from 33.6% to 34.1%.
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Carbon Pricing: key findings for Canada
Carbon pricing is a powerful tool that can help countries meet climate targets, lead to cleaner air and water, and improve public finances. This country note takes stock of how carbon prices on greenhouse gas emissions have evolved in Canada between 2018 and 2021. It estimates effective carbon prices resulting from carbon taxes, emissions trading...
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Transfer Pricing Country Profiles
These country profiles focus on countries’ domestic legislation regarding key transfer pricing principles, including the arm’s length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.
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Taxing Wages: Key findings for Canada
The tax wedge for the average single worker in Canada increased by 0.6 percentage points from 30.9% in 2020 to 31.5% in 2021. The OECD average tax wedge in 2021 was 34.6% (2020, 34.6%). In 2021, Canada had the 27th lowest tax wedge among the 38 OECD member countries, occupying the same position in 2020.
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Statement by OECD Secretary-General Mathias Cormann on death of Donald Johnston
It is with immense sadness that my colleagues and I learnt of the passing of the Honourable Donald Johnston, OECD Secretary-General from 1996 until 2006.
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Revenue Statistics: Key findings for Japan
The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Japan increased by 1.7 percentage points from 31.5% in 2019 to 33.2% in 2020.* The corresponding figures for the OECD average were an increase of 0.2 percentage points from 33.4% to 33.6%.
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Carbon Pricing: key findings for Japan
Carbon pricing is a powerful tool that can help countries meet climate targets, lead to cleaner air and water, and improve public finances. This country note takes stock of how carbon prices on greenhouse gas emissions have evolved in Japan between 2018 and 2021. It estimates effective carbon prices resulting from carbon taxes, emissions trading...
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Revenue Statistics in Asia and the Pacific: Key findings for Japan
Japan’s tax-to-GDP ratio was 31.4% in 2019* (latest available data), above the Asia and Pacific (28) average of 19.1% by 12.3 percentage points. It was below the OECD average (33.5%) by 2.1 percentage points.