FACTORS AFFECTING VALUE ADDED TAX REVENUE

  • Egidijus Bikas Associate professor, Vilnius University, Department of Finance, Faculty of Economics, Lithuania
  • Emile Andruskaite M.Romeris University, Faculty of economics and finance management, Department of banking and investments, Lithuania

Abstract

This article examines the concept of value added tax, the notion of the tax, the EU directives governing the tax rate base as well as the change of standard rate in European Union countries. The paper also analyses the relationship between the VAT revenue and macroeconomic indicators: gross domestic product, gross domestic product per capita, consumption expenditure, household consumption expenditure, government consumption expenditure, export, import and unemployment in the country in an attempt to construct a model that describes the significance of VAT revenue collected. The article aims to analyse the key factors influencing value-added tax collection in the European Union countries.

Downloads

Download data is not yet available.
Published
2013-07-09
How to Cite
Bikas, E., & Andruskaite, E. (2013). FACTORS AFFECTING VALUE ADDED TAX REVENUE. European Scientific Journal, ESJ, 9(19). https://doi.org/10.19044/esj.2013.v9n19p%p