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Declining tax revenuesResults of the November 2009 tax revenue estimates

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  • Christian Breuer

Abstract

The working group for tax revenue estimates, an advisory group of the Federal Ministry of Finance, meets twice a year. Whereas the November forecast focuses on the current and the coming year, the forecast in May is for the medium term. The 135th meeting of the tax revenue estimates group took place on 3-5 November 2009. The estimates of total tax revenues for 2009 and 2010, which were adjusted to the new macroeconomic framework, were altered only slightly. In more detail, however, considerable adjustments were necessary. The amount of tax revenues will probably fall from €561.2 billion in 2008 to €524.1 billion. In May a decline to €527.1 billion was expected.

Suggested Citation

  • Christian Breuer, 2009. "Declining tax revenuesResults of the November 2009 tax revenue estimates," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(22), pages 11-14, November.
  • Handle: RePEc:ces:ifosdt:v:62:y:2009:i:22:p:11-14
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    File URL: https://www.ifo.de/DocDL/ifosd_2009_22_2.pdf
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    Cited by:

    1. Christian Breuer, 2010. "Tax revenue estimates as expected: Budgetary situation remains tense," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(09), pages 37-43, May.

    More about this item

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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