DIFFERENTIATION OF VAT RATES IN OECD COUNTRIES
The article considers the national specifics of the tax systems of the OECD coun- tries in terms of differentiating the value-added tax rates. It is established that value added tax is an element of tax systems in 35 countries of the OECD. The magnitude of the VAT tax burden for each OECD country is strikingly different. There are significant differences in the value of the standard VAT rate between individual countries. It was found that there is no statistically signifi- cant relationship between such indicators as the standard VAT rate and the share of VAT reve- nues in total tax revenue. In all OECD countries, except Chile and Japan, a system of reduced VAT rates is applied. A feature of the taxation systems of some OECD countries is the regional differentiation of VAT rates as a measure to stimulate the economic development of the respective territories.