The Sales Tax Rate in Guam stands at 2 percent. Sales Tax Rate in Guam averaged 3.14 percent from 2014 until 2020, reaching an all time high of 4 percent in 2015 and a record low of 2 percent in 2018. In Guam, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Guam. This page provides - Guam Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Guam stands at 21 percent. Corporate Tax Rate in Guam averaged 28 percent from 2015 until 2020, reaching an all time high of 35 percent in 2016 and a record low of 21 percent in 2018. In Guam, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Guam. This page provides - Guam Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2011.

This one-pager note presents key findings for Austria from Society at a Glance 2011 - OECD Social indicators. This 2011 publication also provides a special chapter on unpaid work across the OECD.

An overview of the long-term care situation in Austria is available here.

Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

This report summarises the legal and regulatory framework for transparency and exchange of information for tax purposes in Austria.

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.

Austria has a higher share of immigrants in the total working-age population than many other OECD countries. At the same time, the framework for integration policy is less developed than in a number of other OECD countries. These are among the main findings of this review.

This spotlight report draws upon the OECD report Equity and Quality in Education: Supporting Disadvantaged Students and Schools.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

The transition from education to work is not easy for many young people, particularly when it comes to finding sustainable employment with progression opportunities. Recently established national policies to support youth will be only effective if implemented in a coordinated way at local level.

This publication reviews the labour market integration of immigrants and their children in three OECD countries (Austria, Norway and Switzerland) and provides country-specific recommendations. It also includes a summary chapter highlighting common challenges and policy responses. It is the third and last in a series which has covered eleven OECD countries.

Gains in female education attainment have contributed to a worldwide increase in women’s participation in the labour force, but considerable gaps remain in working hours, conditions of employment and earnings.  More specific data for Austria are available in this country note.

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.

As a further sign of international efforts to crack down on tax offenders, 12 more countries have signed, or committed to sign, the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. In addition, another 6 countries have ratified the Convention.

Education at a Glance 2013 - Country notes and key fact tables

Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on Tuesday 2nd July 2013, to present the 2013 OECD Economic Survey of Austria and meet with representatives of the government.

Austria has achieved high levels of economic growth and well-being, but must address serious demographic, environmental and globalisation challenges if future generations are to share the same prosperity, according to the OECD’s latest Economic Survey of Austria.

There are few OECD countries where vocational education and training (VET) is held in such high regard or takes so many forms as in Austria. Some 60 percent of young Austrians aged between 25 and 34 have completed a VET course below tertiary level (vocational school or technical college).

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Biographical note of Austria's Permanent Representative to the OECD.

The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.

Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.

Two rounds of the Survey of Adult Skills are under way: Round 1 (2008-13) with 24 participating countries, whose results were released in October 2013, and Round 2 (2012-16) with 9 participating countries, whose results will be released in 2016. A third round is scheduled to begin in May 2014.

These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.

Highlights for Austria from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

Note summarising the performance of 15-year-old students in Austria in the PISA 2012 assessment of mathematics, reading and science.

This note presents key findings for Austria from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.

Country notes with main key findings of the book and key fact tables: a customised snapshot of a country's educational environment, highlighting the most important issues in the educational landscape.

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).

This publication analyses the reform and the Austrian labour migration management system in international comparison.

Austria should set a timeframe to increase its aid budget in line with a pledge to allocate 0.7% of its gross national income (GNI) to development aid, according to an OECD Review.

Going for Growth 2015: Key findings for Austria

Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.

Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.

AAustria experienced a renewed downturn in its economy and labour market between mid-2011 and late-2014, with increasing rates of unemployment largely due to slack domestic demand. But there are recent signs of a slow recovery: overall and youth unemployment rates and the incidence of long-term unemployment all started to fall in the first quarter of 2015, if only marginally, and employment continued to increase.

Austria needs to do more to help people with mental health problems find a job or stay in the workplace, according to a new OECD report. A more comprehensive approach would help employees and firms alike: mental health issues are estimated to cost the Austrian economy around 3.6% of GDP every year in lost productivity, health care and out-of-work benefits.

The Austrian health system generally provides good access to care, but the quality of care might be improved in the area of cancer care and in reducing hospital admission rates for chronic conditions by strengthening primary care.

Das österreichische Gesundheitssystem gewährleistet einen niederschwelligen Zugang zur Gesundheitsversorgung, es gibt jedoch Verbesserungspotenzial bei der Qualität der Krebsversorgung sowie der Reduktion von Spitalsaufnahmen durch die Stärkung der medizinischen Primärversorgung.

The 2015 edition introduces more detailed analysis of participation in early childhood and tertiary levels of education. The report also examines first generation tertiary-educated adults’ educational and social mobility, labour market outcomes for recent graduates, and participation in employer-sponsored formal and/or non-formal education.

Austria has taken important steps to improve its school system, but needs to reform its complex school governance to further improve quality and equity, according to a new OECD report.

Education at a Glance 2016 - Country Notes

This country note provides an environmental tax and carbon pricing profile for Austria. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

The number of young people not in employment, education or training (NEETs) remains elevated in many countries since the crisis. This country note examines the characteristics of those at risk of being NEET in Austria along with policies to help meet the challenge. It also includes many new youth-specific indicators on family formation, self-sufficiency, income and poverty, health and social cohesion.

The Secretary-General held bilateral meetings with Federal Chancellor Christian Kern and several high-level Austrian officials.

This country note presents student performance in science, reading and mathematics, and measures equity in education in Austria. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).

The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.

Austria’s transition to a digital economy and society is progressing but is slower than in the most advanced economies. A whole-of-government approach should help embrace change and facilitate the flourishing of innovative businesses, work practices and lifestyles throughout Austria.