The overall tax-to-GDP ratio, meaning the sum of taxes and compulsory social contributions in % of GDP, in the EU28 stood at 39.4% in 2012, up from 38.8% in 2011. And labour taxes remain the major source of tax revenue.
The newly published 2014 edition - issued by Eurostat, the Statistical Office of the European Union, and the European Commission's Directorate-General for Taxation and Customs Union – gives an overview of the tax system in each of the 30 countries covered (EU countries, Iceland and Norway), the revenue trends and the main recent policy changes.
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