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An assessment of the potential VAT revenue collection for the United Arab Emirates

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  • Ikhlaas Gurrib

Abstract

This study analyses the effect of a 5% VAT in the UAE for the period 2018–2022. The methodology includes collection efficiency, standard tax rate and the final consumption expenditure (FCE). Various scenarios are analysed, including a constant 5% VAT for 2018–2022; increasing it by 2.39% yearly; increasing it to reach the maximum 2014 country tax rate of 27%; or increasing it to reach an average tax rate of 19.1%. The collection efficiency values of 0.4–0.7 result in a 2018–22 tax revenue to GDP range of between 1.75 and 7.84%.

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  • Ikhlaas Gurrib, 2017. "An assessment of the potential VAT revenue collection for the United Arab Emirates," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 10(3), pages 306-321, September.
    • Handle: RePEc:taf:macfem:v:10:y:2017:i:3:p:306-321
    DOI: 10.1080/17520843.2017.1321028
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    1. Reckon, 2009. "Study to quantify and analyse the VAT gap in the EU-25 Member States," Taxation Studies 0029, Directorate General Taxation and Customs Union, European Commission.
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