ДАНЪКЪТ ВЪРХУ ДОБАВЕНАТА СТОЙНОСТ КАТО ИНСТРУМЕНТ НА ДИСКРЕЦИОННАТА ФИСКАЛНА ПОЛИТИКА НА СТРАНИТЕ- ЧЛЕНКИ НА ЕВРОПЕЙСКИЯ СЪЮЗ ПРЕЗ ПОСЛЕДНОТО ДЕСЕТИЛЕТИЕ
VALUE-ADDED TAX AS AN INSTRUMENT OF THE EUROPEAN UNION MEMBER-STATES’ DISCRETIONARY FISCAL POLICY OVER THE LAST DECADE

Author(s): Taner Ismailov, Alexandrina Alexandrova
Subject(s): Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Икономически университет - Варна
Keywords: fiscal policy; indirect taxes; VAT; European Union
Summary/Abstract: The global financial crisis has led to a significant increase in budget deficits in some EU Member States. In the same time and the European Debt Crisis has necessitated the application of fiscal policy instruments to bring economic systems in relative balance. Among the fiscal instruments that have the fastest impact on the size of budget revenue is the value-added tax. In 2010, some EU Member States undertook a course to raise VAT rates or in other words they put into practice the specific instruments of discretionary fiscal policy. Changes in the value-added tax rates in some Member States have led the research team to the idea to conduct a more in-depth study of tax rates and their effectiveness in increasing EU's tax revenue over the last 10 years.

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