ESCWA Publication: E/ESCWA/EDID/2017/TECHNICAL PAPER.3
Country: Kingdom of Bahrain, State of Kuwait, State of Qatar, Kingdom of Saudi Arabia, United Arab Emirates
Publication Type: Reports & studies
Cluster: Shared Economic Prosperity
Focus Area: Financing for development, Macroeconomics
Initiatives: Taxation and domestic public resource mobilization
SDGs: Goal 8: Decent Work and Economic Growth
Keywords: Fiscal policy, Value added tax, Budget contributions, Budget deficits, Prices, Tax revenues
The impacts of the introduction of value added tax in Gulf Cooperation Council countries
January 2017
This paper employs MIRAGE global CGE model to assess the implication of the implementation of a 5 percent Value added tax in the six GCC countries starting from 2018. The modelling simulation shows that the introduction of VAT could generate a considerable revenue in GCC countries.
Related content
Financing for development
, Macroeconomics
,
This paper employs MIRAGE global CGE model to assess the implication of the implementation of a 5 percent Value added tax in the six GCC countries starting from 2018. The modelling simulation shows that the introduction of VAT could generate a considerable revenue in GCC countries.
