In 2017, OECD countries raised one-third of their tax revenue through consumption taxes such as the Value-Added Tax (VAT), making consumption taxes on average the most important revenue source.
Source: TaxFoundation
Latest Posts in "World"
- E-Invoicing & E-Reporting Explained: What’s “Sent” vs What’s “Reported”
- VAT Concepts Explained: News Items & Podcasts Covering the VAT Topics That Matter Most (WIP)
- E‑Invoicing & E‑Reporting Explained: Structured vs PDF Invoices – Why “PDF by Email” Isn’t a Structured E‑Invoice
- Global VAT Guide: July 2026
- You Can’t Manage What You Can’t See: Compliance Intelligence, Not More Reporting
