The OECD has announced the issuance of a report on Revenue Statistics in Asia and the Pacific 2023, finding a modest recovery in tax revenues in the region as the after-effects of COVID-19 weigh on tourism.
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Modest recovery in Asia-Pacific tax revenues as the after-effects of COVID-19 weigh on tourism
25/07/2023 – Tax-to-GDP ratios remained below pre-pandemic levels in a majority of economies in the Asia-Pacific region in 2021, according to a new OECD report released today.