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Taxing wages in 2014 (OECD)

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Tax burdens on labour income continue to rise across the OECD

11/04/2014 – Personal income tax has risen in 25 out of 34 OECD countries over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, according to new data in the annual Taxing Wages publication

The increases in tax burdens on labour income in 2013 were largest in Portugal (due to higher statutory rates), the Slovak Republic (due to higher employer social security contributions) and the United States (due to expiry of previous reductions in employee social security contributions).

» Read the full press release (Disponible en français)

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