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What is Tax Revenue about?

The study investigates the impact of tax revenue on economic growth in Somalia using a classical linear regression model, revealing that 49.3% of GDP variation is explained by various tax types. It highlights the significance of income and corporate taxes while indicating a negative influence from domestic indirect taxes. The findings suggest that policymakers should enhance tax collection systems and focus on improving revenue from income and corporate taxes to foster economic growth.

Author

Nhật Bình

Language

EN