Corporate income tax accounts for 19.2 percent of the total tax take in Africa and 15.6 percent in Latin America and the Caribbean.
This is significantly higher than the 10 percent average for OECD countries, new research from the organisation has revealed.
The OECD said this data “underlines the importance of the two-pillar plan being advanced by over 130 members of the OECD/G20 Inclusive Framework on BEPS to reform international taxation rules and ensure that multinati...