Corporate Taxation Accounts for Majority of Revenue for all Governments Worldwide

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According to the OECD, global corporate tax revenues in 2016 accounted for 13.4% of the total tax revenues across the 89 jurisdictions that had data available. The percentage has increased from 12% in 2000, despite a worldwide trend of falling corporate tax rates that have been steadily declining over the past twenty years.

The median total statutory corporate tax rate also dropped from 28.7% in 2000 to 21.5% in 2018, and less than one 5th of jurisdictions had statutory tax rates that were above 30% in 2018.