Frequently Asked Questions
How many countries does PlainGlobalPay cover?
PlainGlobalPay covers all 38 OECD member countries with pre-computed take-home pay scenarios at 29 salary levels for 3 family types (single, married with children, married without children).
What is the tax wedge?
The tax wedge is the total difference between what an employer pays in total labor cost and what the employee takes home after income taxes and social security contributions. A tax wedge of 40% means 40 cents of every dollar of labor cost goes to taxes and contributions rather than to the employee's take-home pay.
What does PPP-adjusted salary mean?
PPP stands for Purchasing Power Parity. A PPP-adjusted salary removes differences in price levels between countries so you can compare what a given income actually buys. A $50,000 salary in a low-cost country buys more goods and services than the same nominal salary in an expensive city, even before accounting for taxes.
Why is the data from 2024?
OECD Taxing Wages is published annually and reflects the tax rules in force for a given year. The 2024 edition, which covers tax year 2023/2024 data depending on country, is the most recent comprehensive OECD publication available. Tax laws change each year, so figures may differ from the current tax year.
Does the data include local or regional taxes?
OECD Taxing Wages captures national-level income taxes and social security contributions. Local or regional income taxes (such as municipal taxes in some Nordic countries or state taxes in the US) may be included where they are part of the national reporting. Always consult local tax authorities for complete personal tax situations.
Can I use this data for actual tax planning?
No. PlainGlobalPay is for informational and educational purposes only. Tax obligations vary substantially based on individual circumstances, residency status, deductions, credits, and changes in law. Always consult a qualified tax professional or licensed tax advisor for advice on your specific situation.
What is the Pillar Two minimum tax?
OECD Pillar Two (Global Anti-Base Erosion Rules) establishes a global minimum corporate tax rate of 15% for large multinational enterprises. PlainGlobalPay tracks each OECD country's implementation status, showing which have enacted the rules into domestic law.