Tag Archives: OECD

Minister for Finance Paschal Donohoe at the Harvard Kennedy School and Irish Tax Institute’s Global Tax Policy Conference at Dublin Castle

Serious reservations have been expressed by Minister for Finance Paschal Donohoe over a move amongst some OECD members to advocate a minimum effective corporate tax rate.

Speaking at that Irish Tax Institute Global Tax conference, Mr Donohoe noted that the proposal for a minimum rate, which could range between 15 and 18 per cent, was problematic.

Paschal Donohoe concerned over OECD move to minimum corporate tax rate (Peter Hamilton, The Irish Times)

Leah Farrell/Rollingnews

OECD report Taxing Wages 2018

This morning.

The OECD has published a report called Taxing Wages 2018.

Fiona Reddan, in The Irish Times, reports:

Single workers with no children are bearing the brunt of Ireland’s personal tax regime, a new study shows. And Ireland’s experience reflects the position across the 35 OECD states where households with children face a lower personal tax burden than those without.

Taxing Wages 2018 measures the so-called tax wedge – the difference between a person’s take home pay and what it costs their employer to employ them.

…The new study shows that one-income families on the average wage (€ 36,358) and with children give up just 1.2 per cent of their income on tax.

…According to the survey, across the OECD, the average single worker paid just over one-quarter of their gross wages in income taxes and social security contributions, a ratio that has remained relatively stable over the last two decades, the OECD said.

Single workers bear the brunt in Ireland’s personal tax system (Fiona Reddan, The Irish Times)

Read the OECD report in full here

xDwb4rt

Out of work mapper Omar Sarhan writes:

A few days since I sent you anything, I was just looking at OECD [Organisation for Economic Co-operation and Development] data related to the amount of homework and study students do. I created this map (above). You can get to an interactive version of the map here. Or engage via Tumblr

PISA

RTÉ reports:

The problem solving abilities of Irish 15-year-olds are average, according to an international study published today. The review was carried out by the Organisation for Economic Co-operation and Development. It examined how well students fare in applying their knowledge to unfamiliar settings. Irish teens were ranked 22nd compared to 15-year-olds in 44 countries.

OECD study finds Irish students average at problem solving (RTÉ)

Read the report’s key findings here

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In its latest forecast,The Organisation for Economic Co-Operation and Development (OECD) said GDP growth will be just 0.1% this year and 1.9% next year.
Its projections show that unemployment will remain high at 13.2% in 2014.
The OECD said Ireland may miss its target of cutting the deficit to 3% of GDP in 2015 which has been a cornerstone of its recovery plans. The OECD predicted the deficit would be 3.1% in 2015.

 

Ah.

OECD calls for more action on long term unemployed (RTE)

(Sam Boal/Photocall Ireland)

irelandOECD, the Organisation for Economic Co-operation and Development’s world happiness league is out.

We’re 15th.

Why no higher?

In Ireland, the average household net-adjusted disposable income is $24,104 a year, more than the OECD average of $23, 047 a year.

But there is a considerable gap between the richest and poorest – the top 20% of the population earn five times as much as the bottom 20%.

 

Five times.

Australia the world’s happiest nation: OECD (The Age)

The OECD Better Life Index

Thanks Mark Geary

And slashes Ireland’s growth forecast from 1 per cent to 0.6 per cent.

Shakes fist.

The Organisation for Economic Co-operation and Development (Economic Outlook, May 2012)

OECD Warns Euro Zone Crisis stunting Global Recovery (RTE)

A video overview:

httpv://www.youtube.com/watch?v=p529M2kAs00&feature=player_embedded