Every year, the Tax Foundation updates its index of international tax competitiveness—an evalution of how the member countries in the Organisation for Economic Co-operation and Development structure their tax systems. The index defines a competitive tax code as “one that keeps marginal tax rates low” and, to inform its rankings, considers forty tax policy variables, with the purpose of offering key insights into different tax models and how tax policy should be perceived around the world.
Some variables the Tax Foundation considers in its evaluation are more relevant to in-house tax professionals, such as corporate tax and cross-border tax rules. Below are the organization’s overall rankings for 2023 as well as its specific rankings for corporate tax and international tax rules. To take a deeper dive into the index, visit www.taxfoundation.org/research/all/global/2023-international-tax-competitiveness-index.
Source: Tax Foundation, International Tax Competitiveness Index 2023, October 2023.