Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5087356 | Journal of Asian Economics | 2013 | 11 Pages |
Abstract
⺠We examine the nexus between the financial system and tax revenue collection in Malaysia. ⺠We found that unidirectional causality running from stock market to direct tax revenue. ⺠The impact of the financial system on direct tax revenue is more profound in the short run than in the long run. ⺠Banking and non-banking financial activities play a vital role in determining direct tax revenue. ⺠Tax incentives contributed more towards increased revenue collection from stock market than corporate debt market.
Related Topics
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Economics and Econometrics
Authors
Roshaiza Taha, Sisira R.N. Colombage, Svetlana Maslyuk, Loganathan Nanthakumar,