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The Resource Consumption tax trends : VAT/GST and excise rates, trends and policy issues

Consumption tax trends : VAT/GST and excise rates, trends and policy issues

Label
Consumption tax trends : VAT/GST and excise rates, trends and policy issues
Title
Consumption tax trends : VAT/GST and excise rates, trends and policy issues
Creator
Subject
Language
  • eng
  • eng
Summary
This biennial report presents cross-country comparative data on consumption taxes in OECD member countries, as at 1 January 2020. It provides information on Value Added Taxes/Goods and Services Taxes (VAT/GST) and excise duty rates in OECD member countries. It also contains information about international aspects of VAT/GST developments and the efficiency of this tax. It describes a range of other consumption taxation provisions on tobacco, alcoholic beverages, motor vehicles and aviation fuels. Tables using data from the National Accounts and data on tax revenue from Revenue Statistics 2020 are updated up to and including 2018. Price levels for fuel oils are updated as at 4th Quarter 2019 from Energy Prices and Taxes - Quarterly Statistics issued by the International Energy Agency. The country data for the report have, for the most part, been provided by delegates to the Committee on Fiscal Affairs' Working Party N°9 on Consumption Taxes. Chapter 1 summarises trends in consumption taxes and their main features. It shows the evolution of consumption tax revenues between 1965 and 2018 and looks in some more detail at the challenges of applying VAT to international trade and at policy responses particularly in the context of the digitalisation of the economy. Chapter 2 describes the key features of VAT regimes in OECD countries, i.e. tax rates, exemptions, specific restrictions to input tax credit, registration and collection thresholds, and special tax collection methods. It provides updated estimates of OECD countries' VAT Revenue Ratio (VRR) as an indicator of the effect of exemptions, reduced rates and non-compliance on government revenues. It considers evolutions in countries' strategies to counter VAT fraud and developments in international administrative co-operation. This chapter finally provides an overview of the VAT measures included in OECD countries' tax responses to the COVID-19 crisis. Chapter 3 describes the main features of excise duties and their impact on revenue, customer behaviour and markets. It shows the detailed excise tax rates on beer, wine, alcoholic beverages, tobacco, and fuel oil for households in OECD countries. It also provides an estimate of the total tax burden in a pack of cigarettes in OECD countries. Chapter 4 describes the main features of vehicle taxes and their use for influencing customer behaviour. It provides detailed information on taxes on sale and registration and recurrent taxes on vehicles and on taxes of the main road fuels (i.e. unleaded gasoline and diesel). It finally provides information on the taxation of aviation fuels in OECD countries
http://library.link/vocab/creatorName
Buydens, S
Former title
  • Consumption tax trends : VAT/GST and excise rates, trends and administration issues
  • Consumption tax trends : VAT/GST, excise and environmental taxes
Geographic coverage
International
Index
no index present
Language note
English
Literary form
non fiction
http://library.link/vocab/subjectName
  • OECD
  • consumption tax
  • VAT
  • GST
  • retail sales tax
  • destination principle
  • excise duty
  • tobacco tax
  • mineral taxation
  • motor vehicles tax
  • environmental tax
Label
Consumption tax trends : VAT/GST and excise rates, trends and policy issues
Link
Instantiates
Publication
Edition
13th ed.
Extent
215 p.
Isbn
9789264465916
Isbn Type
(pdf)
Issn
  • 1562-8752 (print)
  • 1999-0979 (online)
Note
20201215

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