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Europe Daily Bulletin No. 12285

29 June 2019
Contents Publication in full By article 18 / 27
ECONOMY - FINANCE / Taxation
Level of taxation in EU remains high compared with other advanced economies
Brussels, 28/06/2019 (Agence Europe)

EU tax revenues remain high compared with other advanced economies. This is one of the conclusions of the Commission's 2019 report on tax trends in the EU, published on Friday, 28 June.

In 2017, EU tax revenues accounted for 39% of GDP, almost 2 percentage points higher than in 2009. The report points out that this is much higher than in the United States, Japan, New Zealand, Canada, Australia, Switzerland or South Korea.

According to the report, the other major trends observed are that the...

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