Economic effects of value added tax in Egypt Applied Analysis study

Document Type : Original Article

Authors

1 Researcher Doctorate in the Department of Economics and Public Finance, Faculty of law Aswan University.

2 Professor of Economics and Public Finance, Former Dean of the Faculty of Law, Aswan University, Dean of the Faculty of Law, Damietta University

3 Professor of Economics and Public Finance, Vice Dean for Education and Student Affairs Faculty of law Aswan University. Faculty of Law - Aswan University

Abstract

Abstract:
This research focuses on the effects of economic implications of Value added tax in Egypt. It also increases Public revenues as one of its most important sources of Funding in Egypt.
These aspects are represented (income and consumption Saving and investment_ Price levels and inflation)
It was presented that each requirement focuses on two variables that are interdependent and interact with each other. At the end of each requirement, It is presented how they relate to each other, and analyzed Whether they are affected by the application of the Value-Added Tax, Positive or negative.
And we found out from the study that the value-added tax plays an important role in budget financing.This helps in economic development, Closing the budget deficit and reducing the foreign debt.
However, their success and effectiveness, it's recommended that the tax rate be re considered for low-income groups.

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