T&T-linked activities supported an estimated 9.7% of total Across all channels, T&T-linked taxes were 9.7% of global tax revenues in 2024, a decline from the 9.7% share in 2019. Given that the absolute value of T&T-linked taxes has grown to above 2019 levels, this reflects the growth in the non-T&T tax Tax revenues from direct T&T activity alone contributed 5.1% to global government revenues. Estimated share of T&T-linked tax as a share of total government revenues,
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