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A Temporary VAT Cut in Three Acts: Announcement, Implementation, and Reversal

Author

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  • João Nuno Quelhas
  • Tiago Bernardino
  • Ricardo Duque Gabriel
  • Márcia Silva-Pereira

Abstract

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Suggested Citation

  • João Nuno Quelhas & Tiago Bernardino & Ricardo Duque Gabriel & Márcia Silva-Pereira, 2024. "A Temporary VAT Cut in Three Acts: Announcement, Implementation, and Reversal," Working Papers w202404, Banco de Portugal, Economics and Research Department.
    • Handle: RePEc:ptu:wpaper:w202404
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    File URL: https://www.bportugal.pt/sites/default/files/documents/2024-04/WP202404.pdf
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    References listed on IDEAS

    as
    1. Youssef Benzarti & Dorian Carloni & Jarkko Harju & Tuomas Kosonen, 2020. "What Goes Up May Not Come Down: Asymmetric Incidence of Value-Added Taxes," Journal of Political Economy, University of Chicago Press, vol. 128(12), pages 4438-4474.
    2. Poterba, James M., 1996. "Retail Price Reactions to Changes in State and Local Sales Taxes," National Tax Journal, National Tax Association;National Tax Journal, vol. 49(2), pages 165-176, June.
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    Cited by:

    1. Jaworski, Krystian & Olipra, Jakub, 2025. "Cutting VAT rate on food products in a high-inflation environment. Does it work out?," Food Policy, Elsevier, vol. 131(C).

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    More about this item

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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