environment. Our aim is to develop an econometric model of the fiscal effects of VAT on the business performance of the …Fiscal policy stands as a crucial pillar of economic development through its economic financing function. The … highly in economic growth among European nations in absolute terms), partly due to a more assertive fiscal policy applied to …

The common VAT system adopted by EU member states comprises a set of various rates, which differentiate the goods and … benefits and disadvantages of adopting a single VAT as a means of simplifying the European VAT model. It takes Portugal as a … of VAT versus differentiated rates, through the achievement of a series of analyses and statistical tests to revenues and …

This paper analyses value-added tax (VAT), with special emphasis on efficiency in the EU-28 Member States and Turkey … product in the state budget were very high (12.7) in comparison to Turkey’s (9.0) in 2013. As such, VAT is one of the most … important taxes in the EU-28 Member States and many countries worldwide, like Turkey. The current VAT system in EU-28 Member …

Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account …

In 2005, the German government announced a far-reaching fiscal adjustment program. This paper uses the IMF’s Global … Fiscal Model to study its impact and explores options for addressing long-term pressures from population aging. The growth … effects of the planned VAT increase are likely modest, largely owing to the stimulating effect of other tax reductions. The …

taxes and flat taxes, as well as the worldwide spread of the VAT and policy developments associated with climate change and …