The OECD has announced the issuance of a report on Revenue Statistics in Asia and the Pacific 2022, finding that tax revenues in the region were hit hard by the COVID-19 crisis.
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Tax revenues in Asia and the Pacific hit hard by the COVID-19 crisis
25/07/2022 - Tax revenues in Asia and the Pacific fell by -1.2% of GDP to 19.1% of GDP on average in 2020 as a result of the COVID-19 pandemic, according to a new OECD report released today.