In the non-oil sector, the growth rate of revenues was 16.1 percent compared to the same period last year, and their share exceeded two thirds of the total volume of
tax revenues.
According to provisional summary of consolidated federal and provincial budgetary operations for the current fiscal year (2018-19) of the finance ministry, among the
tax revenues, the federal government collected Rs2,874,424 million whereas the provincial governments' share stood at Rs287,708 million.
The CDTFA distributes the sales
tax revenues on a monthly basis according to a predetermined formula with quarterly true-ups.
Corporation
tax revenues continues to go from strength to strength, highlighting the importance of maintaining a competitive and stable tax environment.
Tax revenues in February went up 6.2 percent from February 2017.
Results indicate that the lowest tax rate is positively related to
tax revenues while the highest tax bracket (lower income limit) is negatively related to
tax revenues.
Tax revenues are projected to grow by 11,721,800,000 som in 2018 compared to 2017 mainly due to the increase in
tax revenues from the value added taxes, excise taxes, and taxes on international trade and operations.
The objective of present study is to investigate the relationship between economic growth, trade openness, urbanization, foreign aid and
tax revenues. World Development Indicators 2015 has been used to collect data on urbanization, trade openness (exports + imports).
These forecasts do not generally reflect the steep drop in stock markets in September 2015, which could adversely affect state income
tax revenues.
Tax revenues rose by EGP 149.8bn during these months in FY 2014/2015 compared to EGP 148.8bn in the same period of FY 2013/2014, with an increase of EGP 1bn.
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Tax revenues, employment rates, and reserve funds still are lower in most states than they were before plunging during the recession."