The Impact of the Shadow Economy on Tax Revenues in Palestine Between the Years (2000-2021) (Published)
This study aimed to identify the reasons that lead to the growth of the phenomenon of the shadow economy, and to estimate its size between the years (2000-2021), and its impact on tax revenues in Palestine. The quantitative approach was used to analyse the annual data of the variables, using the MIMIC Model. The study concluded that the size of the shadow economy in Palestine between the years (2000-2021) was (44.45%) of the gross domestic product, and that there is a negative impact of the shadow economy activities on the tax revenues. A legal framework must be provided to makes it contribute positively to the gross domestic product and national income, and increase investment projects in Palestine that lead to increasing job opportunities and reducing unemployment, which positively affects reducing the size of the shadow economy in Palestine.
Keywords: Direct Taxes, Shadow Economy, indirect taxes., tax revenues
ASSESSING THE IMPACTS OF PERSONAL AND SOCIETAL NORMS AND PUBLIC STATUS ON TAX MORALE AND SHADOW ECONOMY BEHAVIORS: A WORLDWIDE APPROACH (Published)
More and more people around the world are operating businesses off the data grid in order to avoid payment of taxes. The boom in underground economies leave governments insufficient revenue to provide adequate public services, which include health care, roads, education, or even better tax collection. Numerous literatures exist on the single aspect of the hidden economy focusing on the size, causes, consequences, characterizing of its presence, a current study is lacking on the impacts of people’s perception on the growth of shadow economy. It is likely that this dearth of research on the impacts of peoples’ perception regarding underground economy activities in the past is the result of the difficulties in providing reliable official indicators for direction of intended government policy measures. Presently, attention is being drawn on people’s perceptions towards the shadow economy. This research study was conducted to address these limitations relating to underground economic activities from peoples’ perspective.
Keywords: Employment Status, Official Economy, Sam Agbi, Shadow Economy, Societal Norms, and Eniola Agbi