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VAT accounts for one-fifth of total tax revenues (20.2%) on average, representing 20% or more of total taxes in 21 of the 37 OECD countries that operate a VAT. Twenty countries saw a decline in VAT revenue as a share of GDP between 2018 and 2020, while 13 reported an increase and 4 saw no change.
Evolution of standard VAT rates – OECD average 1976-2022 Figure 2.2. Standard VAT rates in OECD countries, 2022 Figure 2.3. Annual turnover registration and collection thresholds, 2022 Figure 2.4. VAT Revenue Ratio 2020
Consumption Tax Trends provides information on Value Added Taxes/Goods and Services Taxes (VAT/GST) and excise duty rates in OECD member countries. It also contains information about international aspects of VAT/GST developments and the efficiency of this tax.
The current United States VAT (Value Added Tax) is 10.00%. The VAT is a sales tax that applies to the purchase of most goods and services, and must be collected and submitted by the merchant to the United States governmental revenue department.
Consumption Tax Trends provides information on Value Added Taxes/Goods and Services Taxes (VAT/GST) and excise duty rates in OECD member countries. It also contains information about international aspects of VAT/GST developments and the efficiency of this tax.
4 lut 2022 · The latest and forthcoming international VAT and GST rate and regime changes... updated here.
Federal VATs (PIS/COFINS): Generally a combined rate of 3.65% (cumulative) or 9.25% (non-cumulative); State VAT (ICMS): Normally between 17% and 20% (lower rates apply to inter-state transactions, varying between 4%, 7%, and 12%); Municipal Service Tax (ISS): 2% to 5% (cumulative).
