Staff View: The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar

The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar

Almost every year Malaysia is facing budget deficit which means more money being spent than is coming in via taxes and other income. Last year in 2017, a government budget deficit had been recorded by Malaysia which equal to 3 percent of the country's gross domestic product (GDP). Government bu...

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Main Author:	Anuar, Nurul Izzaty
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2019
Subjects:	Malaysia Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Financial management. Business finance. Corporation finance Capital budget. Capital investments. Fixed capital
Online Access:	http://ir.uitm.edu.my/id/eprint/23362/1/PP_%20NURUL%20IZZATY%20ANUAR%20BM%20T%2019_5.pdf http://ir.uitm.edu.my/id/eprint/23362/
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id	my.uitm.ir.23362
record_format	eprints
spelling	my.uitm.ir.233622019-03-06T03:29:13Z http://ir.uitm.edu.my/id/eprint/23362/ The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar Anuar, Nurul Izzaty Malaysia Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Financial management. Business finance. Corporation finance Capital budget. Capital investments. Fixed capital Almost every year Malaysia is facing budget deficit which means more money being spent than is coming in via taxes and other income. Last year in 2017, a government budget deficit had been recorded by Malaysia which equal to 3 percent of the country's gross domestic product (GDP). Government budget in Malaysia averaged -2.97 percent of GDP from 1988 until 2017, record low of -6.70 percent of GDP in 2009 and reaching an all-time high of 2.40 percent of GDP in 1997. Only throughout year 1993-1997 Malaysia faced budget surplus while the rest was the budget deficit. Thus, this study aims to identify the major factors that influence the tax revenue in Malaysia. Therefore, the study carried out to analyze the significant relationship between the dependent variable and the independent variables either affected positively or negatively. This current study employs a regression model in examining the macroeconomic determinants of tax revenue in Malaysia. This study is using annually time series data over the period from 1980 to 2015. The study involved four selected variables which are Inflation Rate (INF), Trade Openness (OPN), Exchange Rate (EXC) and Value-added of Agriculture Sector (AGR). The findings resulted that EXC is associated as the major factors that influence the tax revenue in Malaysia. In fact, inflation rate, trade openness and exchange rate were found to be significantly affect the tax revenue. Consequently, inflation rate and exchange rate were positively related to the tax revenue while trade openness was negatively related. However, the value-added of agriculture sector was insignificant factor that can affect the tax revenue where it have a negative relationship toward the tax revenue. Faculty of Business and Management 2019 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/23362/1/PP_%20NURUL%20IZZATY%20ANUAR%20BM%20T%2019_5.pdf Anuar, Nurul Izzaty (2019) The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar. [Student Project] (Unpublished)
institution	Universiti Teknologi Mara
building	Tun Abdul Razak Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Mara
content_source	UiTM Institutional Repository
url_provider	http://ir.uitm.edu.my/
language	English
topic	Malaysia Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Financial management. Business finance. Corporation finance Capital budget. Capital investments. Fixed capital
spellingShingle	Malaysia Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Financial management. Business finance. Corporation finance Capital budget. Capital investments. Fixed capital Anuar, Nurul Izzaty The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar
description	Almost every year Malaysia is facing budget deficit which means more money being spent than is coming in via taxes and other income. Last year in 2017, a government budget deficit had been recorded by Malaysia which equal to 3 percent of the country's gross domestic product (GDP). Government budget in Malaysia averaged -2.97 percent of GDP from 1988 until 2017, record low of -6.70 percent of GDP in 2009 and reaching an all-time high of 2.40 percent of GDP in 1997. Only throughout year 1993-1997 Malaysia faced budget surplus while the rest was the budget deficit. Thus, this study aims to identify the major factors that influence the tax revenue in Malaysia. Therefore, the study carried out to analyze the significant relationship between the dependent variable and the independent variables either affected positively or negatively. This current study employs a regression model in examining the macroeconomic determinants of tax revenue in Malaysia. This study is using annually time series data over the period from 1980 to 2015. The study involved four selected variables which are Inflation Rate (INF), Trade Openness (OPN), Exchange Rate (EXC) and Value-added of Agriculture Sector (AGR). The findings resulted that EXC is associated as the major factors that influence the tax revenue in Malaysia. In fact, inflation rate, trade openness and exchange rate were found to be significantly affect the tax revenue. Consequently, inflation rate and exchange rate were positively related to the tax revenue while trade openness was negatively related. However, the value-added of agriculture sector was insignificant factor that can affect the tax revenue where it have a negative relationship toward the tax revenue.
format	Student Project
author	Anuar, Nurul Izzaty
author_facet	Anuar, Nurul Izzaty
author_sort	Anuar, Nurul Izzaty
title	The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar
title_short	The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar
title_full	The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar
title_fullStr	The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar
title_full_unstemmed	The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar
title_sort	macroeconomic determinants of tax revenue : the case of malaysia / nurul izzaty anuar
publisher	Faculty of Business and Management
publishDate	2019
url	http://ir.uitm.edu.my/id/eprint/23362/1/PP_%20NURUL%20IZZATY%20ANUAR%20BM%20T%2019_5.pdf http://ir.uitm.edu.my/id/eprint/23362/
_version_	1685649723996766208
score	13.211869

The macroeconomic determinants of tax revenue : the case of Malaysia / Nurul Izzaty Anuar

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