Corporate Tax Statistics 2024
Corporate Tax Statistics is an OECD flagship publication on corporate income tax, and includes information on corporate taxation, MNE activity, and base erosion and profit shifting (BEPS) practices. Corporate Tax Statistics was a key output of Action 11 of the OECD/G20 BEPS Project, which sought to improve the measurement and monitoring of tax avoidance. This publication includes a wide range of data on corporate income taxes, including corporate tax rates, revenues, effective tax rates, and tax incentives for R&D and innovation amongst other data series. Corporate Tax Statistics also includes anonymised and aggregated country-by-country reporting (CbCR) data providing an overview on the global tax and economic activities of thousands of multinational enterprise groups operating worldwide. The 2024 edition will include a new dataset on Income-based tax incentives for R&D and innovation, an update to the Interest Limitation Rules and Controlled Foreign Company rules datasets and an expansion of the CbCR data on effective tax rates.
Tax incentives for research and development
Incentivising investment in R&D by businesses ranks high on the innovation policy agenda of many jurisdictions. R&D tax incentives have become a widely used policy tool to promote business R&D over recent decades. Several jurisdictions offer them in addition to direct forms of support such as R&D grants or government purchases of R&D services. R&D tax incentives can provide relief to R&D expenditures, such as the wages of R&D staff and/or to the income derived from R&D activities, such as patent income. This chapter covers both indicators referred to in this section relate to expenditure-based R&D tax incentives and income-based R&D tax incentives to R&D and innovation. Further information on income-based tax incentives is available in the section on Intellectual Property (IP) regimes. In this section, income-based tax incentives cover IP regimes which apply only to IP income as well as regimes that also extend support to other forms of non-IP income (dual category regimes). The significant variation in the design of expenditure-based R&D tax relief provisions across jurisdictions and over time affects the implied generosity of R&D tax incentives.