OECD Tax Policy Studies Taxation and Skills
Publisher: Organization for Economic Cooperation & Development; Organization For Economic Co-Operation & Development
Published: 2017
Language: eng
Number of pages: 236
ISBN-13: 9789264269378
Subjects: Taxation, developing countries; Organisation for economic co-operation and development
Description: Higher skill levels lead to higher wages and better employment prospects for individuals, higher productivity and profits for businesses, and higher growth rates and tax revenues for governments. While there is broad consensus about the importance of skills for inclusive growth, sharing the costs of skills investments equitably and efficiently between governments, individuals, and businesses is a matter of continued debate. This report analyses how taxes impact the costs and returns of skills investments. The tax system is a key means through which the returns and the costs of skills are shared between governments and students.