An Effective Tax Policy in Generating Budget Revenues of Azerbaijan | Vestnik Tomskogo gosudarstvennogo universiteta. Ekonomika – Tomsk State University Journal of Economics. 2020. № 50. DOI: 10.17223/19988648/50/14

An Effective Tax Policy in Generating Budget Revenues of Azerbaijan

The article is devoted to the study of the efficiency of the tax burden in Azerbaijan through the Laffer methodology. For this purpose, tax burden and GDP indices in Azerbaijan for the period of 1995-2019 were used. It was determined that the optimal tax burden of GDP should be 12.8% in order to maximize tax revenues of the state budget. It was found that the calculated optimal tax burden of GDP was in compliance with the average level of actual tax burden (13%) for the observed period. However, it may seem appropriate to decrease the tax rates to increase efficiency.

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Keywords

налоговая политика, налоговые поступления, государственные доходы, избыточное налоговое бремя, национальное богатство, Laffer curve, effectiveness of tax burden, budget revenues, optimal tax burden, tax policy, taxation base

Authors

Name	Organization	E-mail
Guluzade Esmira M.	Azerbaijan State University of Economics	quluzadeesmira@gmail.com

Всего: 1

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