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Tax Revenues Will Increase Slightly in the Next Few Years – Results of the October 2018 Tax Estimate

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  • Marcell Göttert

Abstract

The "Tax Revenue Estimates" Working Group has revised its tax revenue forecasts slightly upwards. Key factors in its decision were the Federal Government's changed assessment of the overall economic situation and the favourable development in tax revenues in recent months. At almost 22.8%, these revenues are now likely to be 0.1 percentage points higher this year than forecast in May.

Suggested Citation

  • Marcell Göttert, 2018. "Tax Revenues Will Increase Slightly in the Next Few Years – Results of the October 2018 Tax Estimate," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(22), pages 42-46, November.
    • Handle: RePEc:ces:ifosdt:v:71:y:2018:i:22:p:42-46
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    JEL classification:

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

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