The macroeconomic impact of the income tax reductions in Malta

Aaron Grech

No WP/02/2015, CBM Working Papers from Central Bank of Malta

Abstract: This paper presents estimates of the possible macroeconomic impact of the reductions in income tax introduced in the Budgets for 2013 and 2014. The simulations are based on the structural macro-econometric model described in Grech and Micallef (2014). The impact of the reductions on Government revenue, estimated at 0.7% of GDP, is computed using data on chargeable income under the different tax bands from the Inland Revenue Department as at 2013, with future income projected using Central Bank forecasts.

JEL-codes: C5 E62 H20 (search for similar items in EconPapers)
Pages: 13 pgs
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.centralbankmalta.org/file.aspx?f=11221 First version, 2015 (application/pdf)

Related works:
Working Paper: The macroeconomic impact of the income tax reductions in Malta (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mlt:wpaper:0215

Access Statistics for this paper

More papers in CBM Working Papers from Central Bank of Malta
Bibliographic data for series maintained by Emmanuel Cachia ( this e-mail address is bad, please contact ).