scholarly journals Personal income tax reforms: A genetic algorithm approach

2018 ◽  
Vol 264 (3) ◽  
pp. 994-1004 ◽  
Author(s):  
Matteo Morini ◽  
Simone Pellegrino
Keyword(s):  
Genetic Algorithm ◽  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Tax Reforms ◽  
Genetic Algorithm Approach

scholarly journals The role of personal income tax reforms in the transition to a democratic and egalitarian Egypt

2012 ◽  
Vol 9 (2) ◽  
pp. 385-399
Author(s):  
Monal A. Abdel-Baki ◽  
Nirmala Dorasamy
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Long Term Effects ◽  
Important Lesson ◽  
Tax Reforms ◽  
Vector Autoregressive ◽  
Short Run ◽  
Structural Vector Autoregressive Model

The efficacy of the 2005-Personal Income Tax (PIT) reform in enhancing the macroeconomic performance in Egypt is tested using a structural vector autoregressive model. The results reveal that PIT reforms have successfully generated jobs and accelerated GDP growth. The reforms may cause mild inflation in the short-run, but their long-term effects are non-inflationary. This is the first effort to assess the PIT reforms in Egypt, with the aim of helping the new government to assess preceding policies and pursue the successful ones. The research is also an important lesson for the leaders of emerging economies encountering similar circumstances to enact reforms and to perpetuate economic growth and sociopolitical stability.

RESEARCH ON THE PERSONAL INCOME TAX APPLICATION TO WAGES IN THE BALTIC STATES

2019 ◽  
Vol 6 ◽  
pp. 654
Author(s):  
Anita Puzule
Keyword(s):  
Income Tax ◽  
Social Insurance ◽  
Research Study ◽  
Personal Income ◽  
Tax Burden ◽  
Personal Income Tax ◽  
Baltic States ◽  
Tax Reforms ◽  
Tax Systems ◽  
The Baltic

Personal income tax and social insurance contributions must be paid on wages into the budget, the revenue of which most directly affects the changes in the number of persons engaged in the national economy and the increase of the average wage. To be able to evaluate how favourable the personal income tax systems applicable to employees are in the Baltic States, the author compares the factors that affect taxation and the tax burden in Latvia, Lithuania and Estonia, which have experienced tax reforms in the recent years. The aim of the research is to perform a comparative study of the requirements and issues of personal income tax application to wages in Latvia, Lithuania, and Estonia. The monographic, comparative and analytical analysis, logical construction, and grouping methods have been used in the research study. Based on the research study, the author has concluded that despite the similarities in the personal income tax systems, each Baltic state has different normative regulation. The tax burden on Estonian taxpayers relative to wages is lower than that in Lithuania and Latvia.  

scholarly journals FORMATION OF LOCAL BUDGET REVENUES IN THE CONTEXT OF BUDGETARY AND FISCAL REFORMS IN UKRAINE

2021 ◽  
Vol 1 (22(50)) ◽  
pp. 47-54
Author(s):  
Olha Demianchuk ◽  
Natalia Sakharuk
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Tax Reforms ◽  
Tax Legislation ◽  
Fiscal Reforms ◽  
Local Budget ◽  
Tax Changes ◽  
The Impact ◽  
Different Levels

The article investigates the problem of local budget revenues formation in the context of fiscal reforms in Ukraine. The authors provide definitions of such concepts as "local budget", "budget revenues", "own and fixed revenues of local budgets". The composition of local budget revenues is determined and the peculiarities of their change due to budgetary and tax changes during 2001-2020 are considered. Relevant in this paper is the separation of these changes in a table, which is related to the new versions of the Budget Code, as well as the division of revenues into own and fixed. The impact of budget and tax reforms on filling the revenue side of local budgets, especially revenues from local taxes and fees, is described. The significance of the decentralization process for local budgets in terms of stages of its implementation has been studied. The importance of the personal income tax as the main budget-forming tax in the fixed revenues of local budgets and the change in the norms of its deduction to different levels of local budgets in the process of budget and tax reforms are highlighted. The importance of associations of territorial communities in order to increase their financial independence is described. Emphasis is placed on the importance of adopting a number of bills on the procedure for paying personal income tax, which contribute to the fair distribution of this tax between different territorial communities. The research is to determine the dependence of changes in local budget revenues on changes in budget and tax legislation of Ukraine.

scholarly journals The role of personal income tax reforms in the transition to a democratic and egalitarian Egypt

2012 ◽  
Vol 1 (3) ◽  
pp. 74-88
Author(s):  
Monal Abdel-Baki ◽  
Nirmala Dorasamy
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Long Term Effects ◽  
Important Lesson ◽  
Tax Reforms ◽  
Vector Autoregressive ◽  
Short Run ◽  
Structural Vector Autoregressive Model

The efficacy of the 2005-Personal Income Tax (PIT) reform in enhancing the macroeconomic performance in Egypt is tested using a structural vector autoregressive model. The results reveal that PIT reforms have successfully generated jobs and accelerated GDP growth. The reforms may cause mild inflation in the short-run, but their long-term effects are non-inflationary. This is the first effort to assess the PIT reforms in Egypt, with the aim of helping the new government to assess preceding policies and pursue the successful ones. The research is also an important lesson for the leaders of emerging economies encountering similar circumstances to enact reforms and to perpetuate economic growth and sociopolitical stability.

scholarly journals A Longitudinal Assessment of Tax Reforms and National Income in Nigeria: 1971-2014

2016 ◽  
Vol 8 (8) ◽  
pp. 43
Author(s):  
Innocent Augustine Nwaorgu ◽  
Wilson E. Herbert ◽  
Francis Onyilo
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Growth Rates ◽  
Income Tax ◽  
National Income ◽  
Value Added ◽  
Personal Income ◽  
Personal Income Tax ◽  
Value Added Tax ◽  
Tax Reforms

<p>This study assesses the impact of tax reforms on Nigeria’s national income over the period, 1971 to 2014. Using a variety of growth indicators signifying tax reforms, our regression model specified growth rate of national income (proxied by GDP) as a function of growth rates in these indicators. Diagnostic tests (F-statistics, Adjusted R-Square and Durbin-Watson) were carried out to ascertain the robustness of the parameter estimates. We found that tax reforms significantly improved national income and economic growth during the period of study, especially growth rates of value added tax and personal income tax. Our results show that growth rate of personal income tax has a positive significant effect on the national income and economic growth, while that of value added tax has a negative significant effect on growth of national income. The growth components of company income tax and petroleum profit tax are positive but not statistically significant. On the other hand, reforms in custom and excise duties were found to yield negative and statistically non-significant effect. The leading conclusions from these findings are: (1) strategic tax reforms significantly influence the behaviour of national income and GDP; (2) tax policy significantly fosters the growth of national income; and (3) policy makers, especially Ministry of Finance and Federal Inland Revenue Service and their state counterparts, should give requisite attention to tax policy issues, in the light of their obvious implications on growth of the national income and economic development.</p>

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