Can you access the total tax revenues in your country for the latest fiscal year available as published by your government and/or provide a link to the source for this information and the year of the data?. If not, please confirm if this data is not publicly available.(62% of economies responded to this question). Transparency around the taxes collected by government and broader government fiscal strategy can assist with securing the trust of business. 26 contributors reported that such information is not available, As shown in the pie chart, this included two ASEAN countries. There is a growing recognition by business that what a company pays in taxes is not just a cost but also an investment in the country in which it operates. Business recognises the need to contribute through taxes (or sometimes more directly) to the infrastructure and the well-being of the population at large. Understanding government policy on tax and how tax revenues are spent is also therefore important for business, so that companies can see where their contributions are going. Part of the effective contract between business and government should be that government provides clear and transparent information about tax revenues and public spending to enhance trust and confidence in the system. |
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