Displaying items by tag: tax hikes

Greece recorded the highest rise among all countries in taxation increases with a 2.3% hike between 2015 and 2016. Romania, Austria, and Belgium were the champions in terms of tax cuts.

According to data by the OECD, Greece has the highest rate of tax hikes in 2016. The organisation’s report reveals that Greece recorded the largest increase in the tax share as a percentage of tax revenues and social security contributions on GDP, with the Netherlands coming in second.