The revenue raising capabilities of a VAT system in developing countries
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | The revenue raising capabilities of a VAT system in developing countries | |
| Creator | Azaria, NT Robinson, Z | |
| Description | The paper attempts to elaborate on the revenue-raising capabilities (economic efficiency and viability) of a value-added tax(VAT) system, particularly in developing countries. The analysis concentrates on the effect of a VAT on tax revenues raised,and the main objective is to determine whether a VAT system generates greater benefits than previously utilised sales taxes,i.e. pre-existing sales taxes (PEST). Using a panel data regression analysis, our results indicate that while all countriesgain revenue from the presence of VAT, it is significantly more in developed countries, although the dummy VAT variableinteracted with trace openness enters positively for the lower- and upper middle-income groups. This proves the importanceof trade for VAT revenues, but also that VAT combined with interaction variables is conducive to higher tax revenues. | |
| Publisher | AOSIS Publishing | |
| Date | 2015-01-12 | |
| Identifier | 10.4102/sajems.v8i1.1284 | |
| Source | South African Journal of Economic and Management Sciences; Vol 8, No 1 (2005); 63-76 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1284/477
|
|
ADVERTISEMENT
