Tax estimate

This article or paragraph presents the situation in Germany . Help us to describe the situation in other countries.

Tax estimates and their deviations from real tax revenue
in the years 2000 to 2011

The tax estimate is an attempt, the amount of future tax revenue based on economic indicators to predict .

The tax estimate is carried out twice a year by the “Tax Estimates” working group. The AK Tax Estimations is an advisory board at the Federal Ministry of Finance (BMF). It has existed since 1955. It also owns the leading BMF

• the Federal Ministry for Economic Affairs and Energy ,
• the five major economic research institutes ,
• the Federal Statistical Office ,
• the Deutsche Bundesbank ,
• the council of experts to assess macroeconomic development ,
• the state finance ministries and
• the federal association of municipal umbrella organizations

on.

The AK bases its estimates on key macroeconomic data from the federal government. The economic research institutes, the Bundesbank, the Advisory Council and the BMF create their own estimate proposals for each individual tax independently of one another. On this basis, the tax revenue attributable to the federal, state, local and EU levels is determined.

In the federal budget , all expenditures for the coming budget year must be compared with income. A large part of the revenue side of the federal budget is determined by the tax estimate.

If the income is lower than expected, it is commonly referred to as a budget gap .

Income that is higher than expected is excess income.

Income that was not expected, e.g. B. a large inheritance in favor of the state or a previously unexpected sales proceeds are referred to as unplanned income.

See also

• Tax types
• Tax revenue

Web links

• Results of the Working Group on Tax Estimates in Germany since 1971

Individual evidence

1. ↑ Background: How reliable are the tax estimates? , Tagesschau.de on October 31, 2012