On Thursday 29 July, the OECD published the 3rd edition of its corporate income tax statistics, which highlights the persistence of Base Erosion and Profit Shifting (BEPS) practices and thus reinforces the importance of the international tax reform currently being negotiated.
The data shows that income tax continues to be an important source of tax revenue for States. On average, corporate income taxes account for a higher share of total tax revenues in Africa (19.2%) and Latin America and...