Author (Person) | Mourre, Gilles, Reut, Adriana |
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Author (Corporate) | European Commission: DG Economic and Financial Affairs |
Publisher | European Commission: DG Economic and Financial Affairs |
Series Title | European Economy: Discussion Papers |
Series Details | Number 44 |
Publication Date | 15/02/2017 |
ISBN | 978-92-79-64879-3 |
ISSN | 2443-8030 |
EC | KC-BD-17-044-EN-N |
Content Type | Research Paper |
Summary: This paper examines the characteristics of government non-tax revenue in the European Union as of early 2017. Nontax revenue included a large number of diverse income sources, such as fees charged for the provision of public services, income from financial assets and government property, and EU funds. The fiscal risk stemming from the volatility of non-tax revenue was three times higher than that from the volatility of tax revenue. The paper presents measurements of volatility in non-tax receipts in the Member States that was to help identify the uncertainty around annual projections of revenue. Panel data analysis was used to examine whether macroeconomic and fiscal variables can explain the differences in non-tax revenue among Members States. |
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Source Link |
Link to Main Source
http://dx.publications.europa.eu/10.2765/63789
Alternative sources
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Subject Categories | Economic and Financial Affairs, Taxation |
Subject Tags | Non-Tax Revenue |
Countries / Regions | Europe |
International Organisations | European Union [EU] |