IDEAS home Printed from https://ideas.repec.org/a/dat/earchi/y2021i1p15-27.html
   My bibliography  Save this article

Covid-19 Effects On Tax Gaps

Author

Listed:
  • Lyudmil Naydenov

    (University of Economics)

  • Dimitar Tsenov

    (RD of NRA – Plovdiv, Bulgaria)

Abstract

The paper examines the issues related to the impact of COVID-19 on tax gaps in Bulgaria. The authors define the various tax gaps in terms of their theoretical, practical and technical grounds as well as unique characteristics. The authors have analysed the dynamics of the gap between the tax and social insurance revenues in the Consolidated Fiscal Program (CFP) as they “should be” collected and as they “are” collected and prove that it was affected directly by the global COVID-19 pandemic. They justify the need for an innovative approach that would take into account the changed realities and the important role of CFP components for improving the public welfare and the sustainability of our economy. The research subject are tax gaps and its object is the impact of COVID-19 on the difference between the volume of collected and planned revenues from direct taxes, indirect taxes, social security and health insurance contributions in Bulgaria. The general conclusion is that the pandemic, which has lasted for already over a year, has slowed down the economy and hence has a negative affect on tax gaps in our country.

Suggested Citation

  • Lyudmil Naydenov & Dimitar Tsenov, 2021. "Covid-19 Effects On Tax Gaps," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 15-27.
    • Handle: RePEc:dat:earchi:y:2021:i:1:p:15-27
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10610/4458
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lyubomir Lyubenov & Anelia Lyubenova & Ivailo Hristakov, 2021. "Financial Issues And Funding In The Bulgarian Beekeeping Sector," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 45-59.
    2. Aglika KANEVA, 2021. "Analysis Of The Changes In Gross Loans And Advances And Deposits In Banks In Bulgaria," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 60-78.
    3. Atanasov, Atanas & Marinova, Rumyana, 2020. "Интегрираното Отчитане Като Инструмент За Комуникиране На Корпоративна Информация В Условията На Covid-19 [Integrated reporting as a tool for communication of corporate information in the COVID-19 ," MPRA Paper 105256, University Library of Munich, Germany.
    4. Mikhail I. Zveryakov & Andrii A. Gritsenko & Viktor N. Tarasevich & Pavel A. Pokrytan & Lyudmila L. Zhdanova & Andrei V. Grimalyuk & Sergii V. Sinyakov, 2021. "On The 100th Anniversary Of The Founder Of The Odessa Scientific School Of Economic Thought A. K. Pokrytan," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 3-14.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ivanka B. Dimitrova & Yordanka Velcheva, 2021. "Management Accounting In Agricultural Enterprises – The Budgeting Function," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 28-44.
    2. Lyubomir Lyubenov & Anelia Lyubenova & Ivailo Hristakov, 2021. "Financial Issues And Funding In The Bulgarian Beekeeping Sector," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 45-59.
    3. Mikhail I. Zveryakov & Andrii A. Gritsenko & Viktor N. Tarasevich & Pavel A. Pokrytan & Lyudmila L. Zhdanova & Andrei V. Grimalyuk & Sergii V. Sinyakov, 2021. "On The 100th Anniversary Of The Founder Of The Odessa Scientific School Of Economic Thought A. K. Pokrytan," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 3-14.
    4. Aglika KANEVA, 2021. "Analysis Of The Changes In Gross Loans And Advances And Deposits In Banks In Bulgaria," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 60-78.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ivanka B. Dimitrova & Yordanka Velcheva, 2021. "Management Accounting In Agricultural Enterprises – The Budgeting Function," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 28-44.
    2. Lyubomir Lyubenov & Anelia Lyubenova & Ivailo Hristakov, 2021. "Financial Issues And Funding In The Bulgarian Beekeeping Sector," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 45-59.
    3. Aglika KANEVA, 2021. "Analysis Of The Changes In Gross Loans And Advances And Deposits In Banks In Bulgaria," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 60-78.
    4. Mikhail I. Zveryakov & Andrii A. Gritsenko & Viktor N. Tarasevich & Pavel A. Pokrytan & Lyudmila L. Zhdanova & Andrei V. Grimalyuk & Sergii V. Sinyakov, 2021. "On The 100th Anniversary Of The Founder Of The Odessa Scientific School Of Economic Thought A. K. Pokrytan," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 3-14.
    5. Omer Bagais & Khaled Aljaaidi & Abdulaziz Alothman, 2021. "An Empirical Investigation of the Associations of Short and Long Debt Policies with Economic Values of Energy Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 249-254.
    6. Maria Palazzo & Iza Gigauri & Mirela Clementina Panait & Simona Andreea Apostu & Alfonso Siano, 2022. "Sustainable Tourism Issues in European Countries during the Global Pandemic Crisis," Sustainability, MDPI, vol. 14(7), pages 1-21, March.
    7. Md Akhtarul Islam & Sutapa Dey Barna & Hasin Raihan & Md Nafiul Alam Khan & Md Tanvir Hossain, 2020. "Depression and anxiety among university students during the COVID-19 pandemic in Bangladesh: A web-based cross-sectional survey," PLOS ONE, Public Library of Science, vol. 15(8), pages 1-12, August.
    8. Matvey Pavlyutin & Marina Samoyavcheva & Rasul Kochkarov & Ekaterina Pleshakova & Sergey Korchagin & Timur Gataullin & Petr Nikitin & Mohiniso Hidirova, 2022. "COVID-19 Spread Forecasting, Mathematical Methods vs. Machine Learning, Moscow Case," Mathematics, MDPI, vol. 10(2), pages 1-19, January.

    More about this item

    Keywords

    consolidated fiscal programme; tax gaps; COVID-19; fiscal revenue;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dat:earchi:y:2021:i:1:p:15-27. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kostadin Bashev (email available below). General contact details of provider: https://edirc.repec.org/data/tsenobg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.