Switzerland's tax-to-GDP ratio still low by international standards

Bern, 24.10.2012 - The tax-to-GDP ratio of the Swiss government units will probably amount to 28.5% for 2011, which is 0.5 percentage points higher than in 2010. The increase was primarily due to the growth in public social security contributions and federal tax receipts. By international standards, Switzerland's tax-to-GDP ratio remains significantly lower than the OECD average of 33.8%.

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