The Link Between Taxation Indicators at E.U. Level and Economic Development
This paper aims at providing a regional approach regarding VAT rate at E.U. level and its links with the level of economic development, using data from Eurostat for the 2004-2013 period. World-wide taxation levels reflect, in a certain measure, the economic state of a particular country. If the tax...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Editura ASE Bucuresti
2016-12-01
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| Series: | Romanian Economic Journal |
| Subjects: | |
| Online Access: | http://www.rejournal.eu/article/link-between-taxation-indicators-eu-level-and-economic-development |
| Summary: | This paper aims at providing a regional approach regarding VAT rate at E.U. level and its links with the level of economic development, using data from Eurostat for the 2004-2013 period. World-wide taxation levels reflect, in a certain measure, the economic state of a particular country. If the tax level within a country is higher, the living standards are also higher, whereas a low taxation level that incites economic growth, will eventually rise. The main indicators considered in the analysis presented in this paper, as most relevant to the subject at hand, are: taxes on income in conjunction with the level of the GDP, business demography, employee compensation, poverty thresholds, income distribution, employment rate and the number of newly founded enterprises. |
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| ISSN: | 1454-4296 2286-2056 |