The OECD has announced the release of its Revenue Statistics 2023 report.
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Global energy crisis and government responses drive a significant fall in tax levels in OECD countries
06/12/2023 - High energy prices triggered by Russia's war of aggression against Ukraine prompted governments to reduce excise taxes during 2022, leading to lower tax levels in many countries, according to new OECD analysis.
Revenue Statistics 2023 shows that the average tax-to-GDP ratio in the OECD fell by 0…