Performance of bank tax revenues compared to other sectoral taxes. Evidence from Poland

Abstract

Aim:The aim of this study is to verify the hypothesis of decreasing volatility of budget revenues obtained from the bank tax (although still high compared to traditional taxes). The background for the research of the bank tax and conclusions resulting from it are other sectoral taxes existing in Poland, the revenues from which are, however, lower than those from the bank tax.Methods: The analysis of the variability of revenues from individual sectoral taxes in Poland in years 2016 -2021 was conducted using descriptive statistics, Hodrick-Prescott (HP) filter and ANOVA approach. Then the Pearson correlation is examined to compare empirical data with figures resulting from the HP filter.