The tax-to-GDP ratio is a gauge of a nation's tax revenue relative to the size of its economy as measured bygross domestic product(GDP). The ratio provides a useful look at a country's tax revenue because it reveals potential taxation relative to the economy. It also enables a view of...
What is the Tax-to-GDP Ratio? The tax-to-GDP ratio compares a country’s tax revenue to the size of its economy, which in this case is measured by itsGDP. The higher the ratio, the higher the proportion of money that goes to government coffers. If managed effectively, this can suppo...
India's direct tax to GDP ratio has been slowly crawling up from an average of 5.5% from FY12to FY21, to a high of 5.97% in FY22 and 6.08% in the last fiscal. But this is still lower than the 6.3% of direct tax-to-GDP ratio that the country achieved in 2007-08. The moral ...
Bylluviaporos— On Jul 31, 2014 I think it would be pretty useful to look at this ratio and compare it to the well being of the people in the country. Places with higher taxes often have far more stability, because those taxes get spread among the people in the form of health care ...
We employ two-stage least-squares regressions and use the fitted component of the government debt-to-GDP ratio difference between the US and a target country as a proxy for the target country-US tax-competitiveness difference. Using a sample of US acquisitions of targets in other OECD countries...
India's direct tax to GDP ratio has been slowly crawling up from an average of 5.5% from FY12to FY21, to a high of 5.97% in FY22 and 6.08% in the last fiscal. But this is still lower than the 6.3% of direct tax-to-GDP ratio that the country achieved in 2007-08. The moral ...
government debt-to-GDP ratiocountry tax competitivenesscross-border mergers and acquisitionstax avoidancetwo-stage least-squares regressionsWe study how differences in target country-US tax competitiveness influence acquirers' share price reactions to US cross-border acquisitions, the tax savings afGan, ...