The significance of tax revenues on the volume of the government budget deficit
The budget is a set of all planned revenues and expenditures of individuals and corporations, institutions, the state... for a certain time frame, usually per year. We will put emphasis on the government budget. In a situation where exactly these planned revenues are at a lower level compared to pla...
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| Format: | Article |
| Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2023-01-01
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| Series: | Trendovi u Poslovanju |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301043J.pdf |
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| _version_ | 1823859916475990016 |
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| author | Janković Gordan |
| author_facet | Janković Gordan |
| author_sort | Janković Gordan |
| collection | DOAJ |
| description | The budget is a set of all planned revenues and expenditures of individuals and corporations, institutions, the state... for a certain time frame, usually per year. We will put emphasis on the government budget. In a situation where exactly these planned revenues are at a lower level compared to planned expenditures, a government budget deficit occurs. The big problem of the modern states is the chronic budget deficit. It arises in a situation where a negative gap between public revenues and expenditures appears every year for a long period of time. The so-called tax revenues have a huge importance in the public revenues of the budgets of modern states. In the paper itself, we will pay attention to tax revenues. We will show an empirical presentation of the trends in the structure of these revenues in countries with different levels of income per capita, we will analyze the impact of tax revenues on the level of the budget deficit. The structure of tax revenues largely depends on the level of development of that country's economy. |
| format | Article |
| id | doaj-art-7ce8660ddc4a4b049a6dc57a3a794efd |
| institution | Kabale University |
| issn | 2334-816X 2334-8356 |
| language | English |
| publishDate | 2023-01-01 |
| publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
| record_format | Article |
| series | Trendovi u Poslovanju |
| spelling | doaj-art-7ce8660ddc4a4b049a6dc57a3a794efd2025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562023-01-01111435210.5937/trendpos2301043J2334-816X2301043JThe significance of tax revenues on the volume of the government budget deficitJanković Gordan0https://orcid.org/0000-0003-3172-6990Univerzitet Niš, Inovacioni centar, Niš, SerbiaThe budget is a set of all planned revenues and expenditures of individuals and corporations, institutions, the state... for a certain time frame, usually per year. We will put emphasis on the government budget. In a situation where exactly these planned revenues are at a lower level compared to planned expenditures, a government budget deficit occurs. The big problem of the modern states is the chronic budget deficit. It arises in a situation where a negative gap between public revenues and expenditures appears every year for a long period of time. The so-called tax revenues have a huge importance in the public revenues of the budgets of modern states. In the paper itself, we will pay attention to tax revenues. We will show an empirical presentation of the trends in the structure of these revenues in countries with different levels of income per capita, we will analyze the impact of tax revenues on the level of the budget deficit. The structure of tax revenues largely depends on the level of development of that country's economy.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301043J.pdfgovernment budgetgovernment budget deficittaxes on income of individualstaxes on income of corporatesexcisesvat |
| spellingShingle | Janković Gordan The significance of tax revenues on the volume of the government budget deficit Trendovi u Poslovanju government budget government budget deficit taxes on income of individuals taxes on income of corporates excises vat |
| title | The significance of tax revenues on the volume of the government budget deficit |
| title_full | The significance of tax revenues on the volume of the government budget deficit |
| title_fullStr | The significance of tax revenues on the volume of the government budget deficit |
| title_full_unstemmed | The significance of tax revenues on the volume of the government budget deficit |
| title_short | The significance of tax revenues on the volume of the government budget deficit |
| title_sort | significance of tax revenues on the volume of the government budget deficit |
| topic | government budget government budget deficit taxes on income of individuals taxes on income of corporates excises vat |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301043J.pdf |
| work_keys_str_mv | AT jankovicgordan thesignificanceoftaxrevenuesonthevolumeofthegovernmentbudgetdeficit AT jankovicgordan significanceoftaxrevenuesonthevolumeofthegovernmentbudgetdeficit |