VAT experience as an influence on banking crises
GST/VAT influences the economy by several channels. VAT does not fully apply to financial services, or these services are usually exempt on the tax, which leads to inefficiencies and could encourage banking crises. This paper employs a dataset of 36 EU and OECD countries for the period 1970–2011 and...
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| Format: | Article |
| Language: | English |
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AIMS Press
2020-08-01
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| Series: | National Accounting Review |
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| Online Access: | https://www.aimspress.com/article/10.3934/NAR.2020003/fulltext.html |