The Value-added Tax

The Value-added Tax

Author: Charles E. McLure

Publisher: A E I Press

Published: 1987

Total Pages: 210

ISBN-13:

DOWNLOAD EBOOK

Updated discussion on the value-added tax system with reference to the business transfer tax from theoretical point of view considered.


The Value Added Tax and Growth: Design Matters

The Value Added Tax and Growth: Design Matters

Author: Mr.Santiago Acosta Ormaechea

Publisher: International Monetary Fund

Published: 2019-05-07

Total Pages: 38

ISBN-13: 149831418X

DOWNLOAD EBOOK

Does the design of a tax matter for growth? Assembling a novel dataset for 30 OECD countries over the 1970-2016 period, this paper examines whether the value added tax (VAT) may have different effects on long-run growth depending on whether it is raised through the standard rate or through C-efficiency (a measure of the departure of the VAT from a perfectly enforced tax levied at a single rate on all consumption). Our key findings are twofold. First, for a given total tax revenue, a rise in the VAT, financed by a fall in income taxes, promotes growth only when the VAT is raised through C-efficiency. Second, for a given VAT revenue, a rise in Cefficiency, offset by a fall in the standard rate, also promotes growth. The implication is thus that in OECD countries broadening the VAT base through fewer reduced rates and exemptions is more conducive to higher long-run growth than a rise in the standard rate.


The Rise of the Value-Added Tax

The Rise of the Value-Added Tax

Author: Kathryn James

Publisher: Cambridge University Press

Published: 2015-04-30

Total Pages: 495

ISBN-13: 110704412X

DOWNLOAD EBOOK

Explores how the value-added tax (VAT) has risen from relative obscurity to become one of the world's most dominant revenue instruments.


Progressive Consumption Taxation

Progressive Consumption Taxation

Author: Robert Carroll

Publisher: Rowman & Littlefield

Published: 2012

Total Pages: 224

ISBN-13: 0844743941

DOWNLOAD EBOOK

The authors observe that consumption taxation is superior to income taxation because it does not penalize saving and investment and propose that the U.S. income tax system be completely replaced by a progressive consumption tax. They argue that the X tax, developed by the late David Bradford, offers the best form of progressive consumption taxation for the United States and outline concrete proposals for the X tax's treatment of numerous specific economic issues.


Estimating VAT Pass Through

Estimating VAT Pass Through

Author: Ms.Dora Benedek

Publisher: International Monetary Fund

Published: 2015-09-30

Total Pages: 41

ISBN-13: 1513586351

DOWNLOAD EBOOK

This paper estimates the pass through of VAT changes to consumer prices, using a unique dataset providing disaggregated, monthly data on prices and VAT rates for 17 Eurozone countries over 1999-2013. Pass through is much less than full on average, and differs markedly across types of VAT change. For changes in the standard rate, for instance, final pass through is about 100 percent; for reduced rates it is significantly less, at around 30 percent; and for reclassifications it is essentially zero. We also find: differing dynamics of pass through for durables and non-durables; no significant difference in pass through between rate increases and decreases; signs of non-monotonicity in the relationship between pass through and the breadth of the consumption base affected; and indications of significant anticipation effects together with some evidence of lagged effects in the two years around reform. The results are robust against endogeneity and attenuation bias.


Value Added Tax Fraud

Value Added Tax Fraud

Author: Marius-Cristian Frunza

Publisher: Routledge

Published: 2018-12-07

Total Pages: 324

ISBN-13: 1351580965

DOWNLOAD EBOOK

Serving as an introduction to one of the "hottest" topics in financial crime, the Value Added Tax (VAT) fraud, this new and original book aims to analyze and decrypt the fraud and explore multi-disciplinary avenues, thereby exposing nuances and shades that remain concealed by traditional taxation oriented researches. Quantifying the impact of the fraud on the real economy underlines the structural damages propagated by this crime in the European Union. The ‘fruadsters’ benefit when policy changes are inflicted in an economic space without a fully fledged legal framework. Geopolitical events like the creation of the Eurasian Union and 'Brexit' are analyzed from the perspective of the VAT fraud, thereby underlining the foreseeable risks of such historical turnarounds. In addition, this book also provides a unique collection of case studies that depict the main characteristics of VAT fraud. Introduction to VAT Fraud will be of interest to students at an advanced level, academics and reflective practitioners. It addresses the topics with regards to banking and finance law, international law, criminal law, taxation, accounting, and financial crime. It will be of value to researchers, academics, professionals, and students in the fields of law, financial crime, technology, accounting and taxation.


Value Added Tax

Value Added Tax

Author: Alan Schenk

Publisher: Cambridge University Press

Published: 2007-01-22

Total Pages: 560

ISBN-13: 9780521851121

DOWNLOAD EBOOK

This book integrates legal, economic, and administrative materials about value added tax. Its principal purpose is to provide comprehensive teaching tools - laws, cases, analytical exercises, and questions drawn from the experience of countries and organizations from all areas of the world. It also serves as a resource for tax practitioners and government officials that must grapple with issues under their VAT or their prospective VAT. The comparative presentation of this volume offers an analysis of policy issues relating to tax structure and tax base as well as insights into how cases arising out of VAT disputes have been resolved. The authors have expanded the coverage to include new VAT related developments in Europe, Asia, Africa and Australia. A chapter on financial services has been added as well as an analysis of significant new cases.


The VAT in Developing and Transitional Countries

The VAT in Developing and Transitional Countries

Author: Richard Bird

Publisher: Cambridge University Press

Published: 2011-02-21

Total Pages: 0

ISBN-13: 9781107401440

DOWNLOAD EBOOK

VAT is the most important tax in most developing and transitional countries. This book draws on a wide range of experience and research to discuss a wide range of conceptual and practical issues related to VAT in a way that is relevant both to students and to tax practitioners and officials around the world. It updates, extends, and amends the only similar book-length treatment, The Modern VAT, an authored work published by the International Monetary Fund in 2001.