• Citer

Efficiency and equity effects of taxing the financial sector: Lessons from a CGE model for Belgium

par Chisari, Omar;Estache, Antonio ;Nicodème, Gaëtan
Référence Finanzarchiv, 72, 2, page (125-157)
Publication Publié, 2016-06

Article révisé par les pairs

• Détails
• Contenu

Résumé :

This paper assesses the effects of applying a VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a computable general equilibrium (CGE) model calibrated for a small open economy. It highlights the differentiated sectorial and redistribution effects of these taxes and shows the importance of the financial openness of the economy on these results.