- According to the latest OECD Corporate Tax Statistics, corporate tax revenues increased significantly in 2022, rising from 15.9% to 17.8% of total tax revenues, while corporate tax revenues as a share of GDP grew from 3.1% to 3.6%. Large multinational enterprises contributed an average of 47.1% of total corporate tax revenues.
- The average statutory corporate income tax rate has stabilized, standing at 21.2% in 2025, slightly up from 21.1% in 2024, indicating a leveling off of the long-term downward trend from 28.0% in 2000.
- The report highlights modest reductions in the generosity of R&D tax incentives and indicators suggesting reduced base erosion and profit shifting (BEPS) activity, although BEPS indicators remain high in investment hubs, emphasizing ongoing challenges in aligning profit and economic substance.
Source Corporate tax revenues rise as global corporate tax rates continue to stabilise, new OECD data show
