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Implementation of Value-Added Tax on Iran Banking Services: An Application of DSGE Model

Author

Listed:
  • Gholami, Ahmad

    (Department of Economics, University of Tehran)

  • Abasinejad, Hossein

    (Department of Economics, University of Tehran)

Abstract

In the Value Added Tax (VAT) system some goods and services, such as banking services, are exempted from taxes. Based on theoretical foundations, exempt treatment leads to several distortions and inefficiencies in the economy. In order to understand the importance of exemption on macroeconomic fluctuations as well as the fundamental

Suggested Citation

  • Gholami, Ahmad & Abasinejad, Hossein, 2016. "Implementation of Value-Added Tax on Iran Banking Services: An Application of DSGE Model," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 11(3), pages 283-303, July.
    • Handle: RePEc:mbr:jmonec:v:11:y:2016:i:3:p:283-303
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    References listed on IDEAS

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