Value-added-tax rate increases: A comparative study using difference-in-difference with an ARIMA modeling approach.

ABSTRACT: Collecting and managing taxes is a critical keystone to protecting a country's financial intensity and developing a country's tax system, where value-added tax (VAT) has proven to be a nurturing and steady foundation of income for governments. VAT is a primary source of financial gain in developing nations, which differs from economic income in developed nations, where economic income is primarily derived from tax income. This study examines the influence of the new VAT on non-financial Saudi-listed companies. We compared and examined the impact of the newly introduced 15% VAT in various non-financial sectors. Using charts, tables, appropriate variance analysis, and ARIMA model in the Difference in Difference approach. Regarding data, we targeted 2019 before the new VAT, the discovery of C

SUBMITTER: Mgammal MH 

PROVIDER: S-EPMC10028327 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature