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Taxing wages 2016

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  • Taxing wages 2016
  • OECD
  • Organisation for Economic Co-operation and Development


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Title Taxing wages 2016
Similar Titles
Material Type Books
Author(English)

OECD

Publisher

[Paris, France] : Organisation for Economic Co-operation and Development

Date 2016-04
Pages 13
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Financial Policy
Holding OECD
License

Abstract

This chapter includes data on the income taxes paid by workers, their social security contributions, the family benefits they receive in the form of cash transfers as well as the social security contributions and payroll taxes paid by their employers. Results reported include the marginal and average tax burden for eight different family types.Methodological information is available for personal income tax systems, compulsory social security contributions to schemes operated within the government sector, universal cash transfers as well as recent changes in the tax/benefit system. The methodology also includes the parameter values and tax equations underlying the data.