Article WGP7 Households forced to plug corporate tax gap, says OECD

Households forced to plug corporate tax gap, says OECD

by
Simon Bowers
from Economics | The Guardian on (#WGP7)

Report says increasing inability to tax corporate profits means governments are forcing workers and consumers to plug the revenue gap

Individual workers and consumers have shouldered an increasing share of the tax burden in industrialised countries as governments have been forced to become less reliant on taxing corporate profits, according to a report from the OECD.

"Corporate taxpayers continue finding ways to pay less, while individuals end up footing the bill," said Pascal Saint-Amans, director of the OECD Centre for Tax Policy and Administration.

Related: OECD hopes tax reforms will end era of aggressive avoidance

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