The impacts of the introduction of value added tax in Gulf Cooperation Council countries - ESCWA

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The impacts of the introduction of value added tax in Gulf Cooperation Council countries cover

ESCWA Publication: E/ESCWA/EDID/2017/TECHNICAL PAPER.3


Publication Type: Reports & studies

Cluster: Shared Economic Prosperity, Shared Economic Prosperity, Shared Economic Prosperity

Focus Area: Financing for development, Macroeconomics

Keywords: Fiscal policy, Value added tax

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.
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