أثر تعديلات قانون ضريبة الدخل رقم 5 لسنة 2015 على المؤشرات الاقتصادية في فلسطين

Abstract

This study aimed to assess the impact of the 2015 income tax law amendments on economic indicators in Palestine, specifically foreign investment, savings, consumption, and GDP. A quantitative approach was used, analyzing time series data from 2011 to 2019. The nine-year period includes four years before the amendments (2011-2014), the year of the amendments (2015), and four years after (2015-2019). Using annual reports from the Palestinian Monetary Authority and Palestinian Central Bureau of Statistics, dependent variables were identified and analyzed with SPSS. Cross-sectional data analysis was employed to study the differences in economic indicators between two periods: 2014-2011 (before the amendments) and 2015-2019 (after the amendments). The main findings of the study are as follows: The 2015 income tax law amendments had a statistically significant impact on each indicator to varying degrees. The most positively affected indicator was savings, measured by bank deposits, followed by the consumption index, measured by household spending, and the income index, measured by GDP. The least affected was the foreign investment index. The study recommends that decision-makers periodically evaluate the income tax law to make necessary adjustments based on Palestine›s economic situation. Additionally, it suggests increasing the number of tax brackets to enhance the equity of the Palestinian Income Tax Law.