OECD publishes corporate tax statistics

The OECD recently published statistics on corporate income taxes from nearly 4000 multinational enterprises (MNEs) operating in more than 100 jurisdictions. The data is derived from the Country-by-Country Reports filed by the MNEs. The statistics indicate some preliminary insights:  

  • There is a misalignment between the location where profits are reported and the location where economic activities occur, with MNEs in investment hubs reporting a relatively high share of profits compared to their share of employees and tangible assets.

  • Revenues per employee tend to be higher where statutory CIT rates are zero and in investment hubs.

  • On average, the share of related party revenues in total revenues is higher for MNEs in investment hubs.

  • The composition of business activity differs across jurisdiction groups, with the predominant business activity in investment hubs being ‘holding shares and other equity instruments’.

Further information on the corporate tax statistics and accessing the data is available on the OECD website.

Duncan Onduru