Denmark is clinging to its status as a tax revenue champion.
With a tax-to-GDP ratio equal to 46.5%, the small kingdom retains a place in 2020 that it has hardly given up in twenty years.
In Denmark, a former Minister of Immigration at the helm
Among the thirty-eight members of the OECD, France is the only country to have snatched this trophy from it, in 2017 and 2018. But, since then, France has regained second place, with 45.4% in taxes and taxes compared to GDP last year.
A position that places it well above Germany (38.3%), the OECD average (33.5%), the United States (25.5%) or Mexico, which shows the lowest ratio (17.9%).
The year 2020, extraordinary in both economic and health terms, saw the share of taxes and duties increase by 0.1 point overall.
Measures implemented to help businesses and households have often reduced revenues, which have also been reduced by the contraction in activity, the study points out.
The differences from nation to nation are vast.
This article is for subscribers only.
You have 67% left to discover.
To cultivate one's freedom is to cultivate one's curiosity.
Continue reading your article for € 1 the first month
I ENJOY IT