This year, for the first time, we have combined our separate Corporate and Indirect Tax Rate Survey and Individual Income Tax Rate Survey into a single report to provide you with a more rounded and comprehensive picture of the strategies being used by governments to raise revenue from businesses and individuals.
According to the findings of this year’s survey, it appears that the recent quiet period for global tax rates is coming to an end, as governments around the world reassess their revenue strategies in light of domestic economies and international considerations. This includes the impact of the Organisation for Economic Co-operation and Development (OECD)’s base erosion and profit shifting (BEPS) initiative.
© 2021 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.