The Policy Brief titled “Excise Taxation for GCC Revenue Diversification”, authored by Dr. Nasser Saidi and Aathira Prasad, highlights the need for excise taxation to support the ongoing revenue diversification policy. Raising revenue from fuel and tobacco taxation are two example explored in the brief. One of the findings is that specific excises are preferable than ad valorem taxes, and another that governments should avoid steep successive increases in tax rates as this can lead to a loss of revenue, and increase in illicit trade. A more detailed explanation and recommendations on the implementation of excise taxes in the GCC are part of the policy brief.
Download the English and/or Arabic version(s).
Excise Taxation for GCC Revenue Diversification: Policy Brief, May 2016
30 May, 2016
read < 1 minute
Read Next
publication
Weekly Economic Commentary – Oct 2, 2023
Markets Major equity markets ended in the red for the last week of Sep: threats
2 October, 2023
TV and radio
Interview with Al Arabiya (Arabic) on avoiding a temporary US shutdown, 1 Oct 2023
In this interview with Al Arabiya aired on 1st October 2023, Dr. Nasser Saidi discusses
2 October, 2023
publication
Weekly Economic Commentary – Sep 25, 2023
Markets Major global equities markets posted weekly declines, as investors turned risk-averse with possibility that
25 September, 2023