The OECD has announced the release of its annual report on tax policy reform, Tax Policy Reforms 2025, which describes the tax reforms implemented in 2024 across 86 jurisdictions, including all OECD countries.
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Governments increased tax revenues in 2024 to meet rising spending needs
Rising health expenditures and population ageing prompted many governments to increase social security contribution rates in 2024, reflecting a broader trend towards increasing revenues to strengthen the …