Thursday, April 15, 2010

GOVERNMENT TAX REVENUE

Tax is the main contributor to each government's revenue, followed by other sectors such as tourism, exports etc

below is a look at the Malaysia government total revenues for the years 2005-2009, it can be clearly seen that taxes, more especially direct contributed higher percentage of the total revenue throughout the years.
Have a look at the 2 graph below, they are an addition to the above, showing the malaysia tax structure over 19 years as well as the federal government revenue since 1985. We can see that generally the total revenue has been increasing ever since, which is explained by the increase in taxes both direct and indirect over the years. so there is a positive relationship between tax earning and total federal government earnings






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