Do Countries Really Deviate from the Optimal Tax System?

Sepúlveda, Cristián

doi:10.1177/10911421221132670

Cited by 2 publications

(1 citation statement)

References 41 publications

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“…Personal taxes in Italy are progressive and will influence groups differently. The components of the total taxes and their enforcement, Sepulveda (2023), act on different parts of the economy and determine how tax revenues are used, Alinaghi and Reed (2021, p. 14).…”

Section: Robustnessmentioning

confidence: 99%

Do Increased Tax Base and Reductions in the Underground Economy Compensate for Lost Tax Revenue Following a Tax Reduction Policy? Evidence from Italy 1982 to 2006

Orsi

Seip

2023

Economies

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We here examine the frequent claim that an increase in the tax base and a decrease in tax evasion will compensate for a loss in tax revenues caused by a lower tax level. Using a unique data set for the estimated underground economy in Italy from 1982 to 2006, we found that a loss in tax revenues equivalent to 1% of the GDP would be partly compensated by an increase in GDP of 0.55%. The compensation would come from 0.31% of the GDP increase and from 0.24% of the reductions in the underground economy. These results apply to an economy with a high tax level (>32%) and a high underground economy (≥25%). Applying a high-resolution lead–lag method to the data, we ensured that tax changes were leading the GDP and, thus, a potential cause for changes in the GDP.

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Section: Robustnessmentioning

confidence: 99%

Do Increased Tax Base and Reductions in the Underground Economy Compensate for Lost Tax Revenue Following a Tax Reduction Policy? Evidence from Italy 1982 to 2006

Orsi

Seip

2023

Economies

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The possibilities of using foreign experience in tax regulation of socio-economic processes in Kazakhstan

Maulenberdieva,

Omarbakiev,

Abdildin

et al. 2024

jour

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The article analyzes the foreign experience of tax regulation of socio-economic processes in the EU countries and the possibility of its adaptation to the Kazakh economy. A significant analogy has been revealed in the main taxes in European countries with common political and economic interests, historically interacting in solving problems of global development. The mechanisms of the regulatory impact of taxes on the social and economic development of foreign countries are studied: VAT, excise taxes, corporate income tax, personal income tax. The advantages and disadvantages of applying various tax benefits and preferences, principles of taxation organization in the world taxation practice are revealed. Tax systems differ significantly in the number of taxes and their structure, organization and management methodology. Along with this, it is impossible not to recognize the significant similarity of the main taxes in countries geographically close to each other, having common political and economic interests, historically interacting in solving global development issues. The study of historical experience also allows us to assert the social significance of such a tax as VAT, given its application to the consumption of luxury goods. Taxation of these goods made it possible to partially make additional withdrawals of income from the well-to-do segments of the population and redistribute them, to a certain extent serving social equalization. The results of the study confirm the significant similarity of the instruments of tax regulation of socio-economic processes in different countries, caused by historical, geographical and economic-globalization factors. In turn, this allows us to use the advantages of foreign experience in Kazakhstan, adapting its individual elements to domestic conditions and taking into account the peculiarities of the development of the national economy and the specifics of the circumstances of the formation of the tax system of our state.

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Do Countries Really Deviate from the Optimal Tax System?

Cited by 2 publications

References 41 publications

Do Increased Tax Base and Reductions in the Underground Economy Compensate for Lost Tax Revenue Following a Tax Reduction Policy? Evidence from Italy 1982 to 2006

Do Increased Tax Base and Reductions in the Underground Economy Compensate for Lost Tax Revenue Following a Tax Reduction Policy? Evidence from Italy 1982 to 2006

The possibilities of using foreign experience in tax regulation of socio-economic processes in Kazakhstan

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