The VAT Reader
Author | : |
Publisher | : |
Total Pages | : 349 |
Release | : 2011 |
Genre | : Sales tax |
ISBN | : 9780918255181 |
Download The VAT Reader Book in PDF, ePub and Kindle
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Vat Reader PDF full book. Access full book title The Vat Reader.
Author | : |
Publisher | : |
Total Pages | : 349 |
Release | : 2011 |
Genre | : Sales tax |
ISBN | : 9780918255181 |
Author | : Robert F. van Brederode |
Publisher | : |
Total Pages | : 728 |
Release | : 2021-08-09 |
Genre | : |
ISBN | : 9789403524238 |
Value-added tax (VAT) is a mainstay of revenue systems in more than 160 countries. Because consumption is a more stable revenue base than other tax bases, VAT is less distorting and hence more likely to encourage investment, savings, optimum labor supply decisions, and growth. VAT is not without criticism however, and faces its own specific technical and policy challenges. This book, the first to thoroughly evaluate VAT from a global policy perspective after over 50 years of experience with its intricacies, offers authoritative perspectives on VAT's full spectrum--from its signal successes to the subtle ways its application can undermine revenue performance and economic neutrality. The contributors--leading tax practitioners and academics--examine the key policy issues and topics that are crucially relevant for measuring the success of the tax in the first part of the book, including: revenue generation and revenue efficiency; single rate versus multiple rates; susceptibility to fraud; exemptions and exceptions; compliance cost for businesses; policy and compliance gaps in revenue collection; adjustment rules caused by the transactional nature of the tax; transfer pricing issues; treatment of vouchers; permanent establishments and holding companies; payment of refunds; cross-border digital transactions; and supplies for free or below cost price. The second part offers six country reports--on New Zealand, Japan, China, Colombia, Ethiopia, and India--to demonstrate the different ways in which VAT operates in a variety of national economies. Whether a government is contemplating the imposition of a general consumption tax for the first time or new rules for applying an existing one, it is important for policymakers to keep central the aim to design a tax that realizes optimal efficiency and causes minimal distortions. This invaluable book serves as an expert guide to VAT policy development in this area. It will be welcomed not only by concerned government officials but also by tax professionals (both lawyers and accountants) and academics in tax law.
Author | : Mr.Liam P. Ebrill |
Publisher | : International Monetary Fund |
Total Pages | : 242 |
Release | : 2001-11-05 |
Genre | : Business & Economics |
ISBN | : 1589060261 |
Value-added tax, or VAT, first introduced less than 50 years ago, is now a pivotal component of tax systems around the world. The rapid and seemingly irresistible rise of the VAT is probably the most important tax development of the latter twentieth century, and certainly the most breathtaking. Written by a team of experts from the IMF, this book examines the remarkable spread and current reach of the innovative tax and draws lessons about the design and implementation of the VAT, as experienced by different countries around the world. How efficient is it as a tax, is it fair, and is it suitable for all countries? These are among the questions raised. This highly informative and well-researched book also looks at the likely future of the tax.
Author | : |
Publisher | : Oxford University Press |
Total Pages | : 401 |
Release | : 2023-12-14 |
Genre | : Law |
ISBN | : 0198888325 |
With the growth of the digitalized economy, VAT on cross-border digital supplies has emerged as an important issue. Yet, views and practices regarding the application of the VAT on these supplies differ significantly across different jurisdictions. A lack of international VAT harmonization can cause double taxation or unintended double non-taxation, resulting in distortions and revenue losses. VAT in the Digital Era considers unilateral and multilateral options for the creation of an internationally coordinated VAT framework. Providing analysis of the status quo in key jurisdictions, the book explores the implications of the digitalized economy for the VAT systems across borders. It outlines possible approaches that can be taken to achieve a more consistent international VAT treatment of cross-border supplies, and the extent to which a multilateral solution would be preferable and achievable at the international level. Bringing together contributions from leading international voices in the VAT law and policy and international taxation fields, VAT in the Digital Era addresses current issues and proposes ways to coordinate VAT rules on cross-border digital supplies. This new book is essential reading for academics, researchers, governments, and other financial organisations involved with the world's most important indirect tax.
Author | : Robert F. van Brederode |
Publisher | : Springer |
Total Pages | : 435 |
Release | : 2017-03-06 |
Genre | : Law |
ISBN | : 9811034656 |
This book explains the theoretical and policy issues associated with the taxation of financial services and includes a jurisdictional overview that illustrates alternative policy choices and the legal consequences of those choices . The book addresses the question: how can financial services in an increasingly globalized market best be taxed through VAT while avoiding economic distortions? It supports the discussion of the key practical problems that have arisen from the particular complexity of the application of VAT to financial services, and allows for the evaluation of best practice by comparing the major current reform models now being implemented.
Author | : National Book Committee |
Publisher | : |
Total Pages | : 7 |
Release | : 1993 |
Genre | : |
ISBN | : |
Author | : Robert Carroll |
Publisher | : Rowman & Littlefield |
Total Pages | : 224 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 0844743941 |
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.
Author | : David Jordan |
Publisher | : Law Society Publishing |
Total Pages | : 302 |
Release | : 2006 |
Genre | : Real property tax |
ISBN | : 9781853289941 |
Thoroughly revised and updated, the second edition of this invaluable book offers comprehensive coverage of VAT on property. It guides the reader through the legislation and how it applies to different types of property and transaction. The author provides examples drawn from practice to illustrate the points made.
Author | : Adrianus Johannes Doesum |
Publisher | : |
Total Pages | : |
Release | : 2021 |
Genre | : |
ISBN | : 9789083090825 |
Author | : Adrianus Johannes Doesum |
Publisher | : |
Total Pages | : 61 |
Release | : 2013 |
Genre | : |
ISBN | : 9789013119039 |
This book serves as an introduction to the currect EU Value Added Tax system. It provides a consice overview of the working of EU VAT and the concepts and rationale behind it. The goal of this book is to enable the reader obtaining a basic knowledge of the EU VAT system, or to refresh his or hers memory within a day's work. Hence, this book is titled: 'Vat in a day'. Even though the book covers all aspects of the EU Vat system, some elements are discussed in more details than others. Didactically sound choices were made as regards the depth at which the various subjects in this book are discussed. Nevertheless, the book provides an account of the key providers in the VAT Directive and the key case law of the Court of Justice of the European Union in the field of VAT.