Tax Policy Efficiency: IMD World Competitiveness Ranking
The IMD World Competitiveness Yearbook evaluates tax policy efficiency across different countries, considering factors such as tax structures, compliance, and the impact of taxation on economic performance. The rankings provide insights into the effectiveness and efficiency of tax policies in promoting economic competitiveness.
Based on the information here are the rankings for tax policy efficiency according to the IMD World Competitiveness Ranking for different years:
In 2019, Qatar ranked first in tax policy efficiency, followed by Hong Kong in second place and the United Arab Emirates in third place. Austria, Belgium, and France held rankings of 61st, 62nd, and 63rd, respectively.
In 2020, Qatar maintained its first-place ranking, with Hong Kong in second place and the United Arab Emirates in third place. Austria, Belgium, and France ranked 61st, 62nd, and 63rd, respectively.
In 2021, Qatar retained its top spot, followed by Hong Kong in second place and the United Arab Emirates in third place. Italy, Belgium, and France held rankings of 62nd, 63rd, and 64th, respectively.
In 2022, Qatar secured the first place, with Hong Kong in second place and Bahrain in third place. Italy, Belgium, and France ranked 61st, 62nd, and 63rd, respectively.
These rankings provide insights into the efficiency and effectiveness of tax policies in different countries, reflecting their tax structures, compliance levels, and overall impact on economic performance. Higher index values indicate more efficient tax policies that contribute to economic competitiveness.
