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The Resource Virtues and fallacies of VAT : an evaluation after 50 years

Virtues and fallacies of VAT : an evaluation after 50 years

Label
Virtues and fallacies of VAT : an evaluation after 50 years
Title
Virtues and fallacies of VAT : an evaluation after 50 years
Contributor
Subject
Language
eng
Summary
This book centers on evaluating the use of value-added tax (VAT) from a global policy perspective after over 50 years of experience with its intricacies. 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 labour supply decisions, and growth. Understanding the strengths and weaknesses of VAT is important for policymakers and their advisors when contemplating introducing the tax in a country or evaluating how to improve an existing VAT system. This book offers authoritative perspectives on VAT's full spectrum from its signal successes to the subtle ways in which its application can undermine revenue performance and economic neutrality. The contributors 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 of the book offers six country reports - on New Zealand, Japan, China, Colombia, Ethiopia, and India - to demonstrate how VAT operates in a variety of national economies
Geographic coverage
International
Index
no index present
Language note
English
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
Brederode, R.F.W. van
http://library.link/vocab/subjectName
  • VAT
  • tax revenues
  • fiscal neutrality
  • equal treatment
  • VAT rate
  • VAT exemption
  • compliance burden
  • developing countries
  • VAT fraud
  • VAT adjustment
  • transfer pricing
  • voucher
  • fixed establishment
  • holding company
  • VAT refund
  • consumption tax
  • digital economy
  • destination principle
  • GST
Label
Virtues and fallacies of VAT : an evaluation after 50 years
Instantiates
Publication
Contents
  • Chapter 1: Introduction: VAT does well, but does it do well enough?
  • Brederode, R.F.W. van
  • ; p. 1-20
  • Chapter 2: Revenue performance
  • Gendron, P-P.
  • ; p. 23-42
  • Chapter 3: Neutrality versus equality
  • Amand, C.
  • ; p. 43-76
  • Chapter 4: Rate policy : evaluating the arguments for a single rate versus multiple rates
  • Brederode, R.F.W. van
  • ; p. 77-96
  • Chapter 5: Exemptions in VAT : a theoretical overview of traditional and modern VAT systems
  • Knotzer, C.
  • Pfeiffer, S.
  • ; p. 97-123
  • Chapter 6: Counting the costs of VAT compliance
  • Evans, C.
  • Krever, R.
  • ; p. 125-150
  • Chapter 7: VAT gaps in developing countries : measurement, administration and politics
  • Gendron, P-P.
  • Bird, R.M.
  • ; p. 151-179
  • Chapter 8: Susceptibility to fraud
  • Brederode, R.F.W. van
  • ; p. 181-215
  • Chapter 9: Value-Added Tax adjustments
  • James, K.
  • Spies, K.
  • ; p. 217-274
  • Chapter 10: VAT and transfer pricing
  • James, K.
  • Spies, K.
  • ;p. 275-325
  • Chapter 11: Vouchers and VAT
  • Bijl, J.
  • ; p. 327-353
  • Chapter 12: The evolving concept of fixed establishment in EU VAT law
  • Bal, A.M.
  • ; p. 355-380
  • Chapter 13: How are holdings holding up with VAT?
  • Herbain, C.A.
  • Thompson, C.
  • ; p. 381-403
  • Chapter 14: VAT refunds in developing countries
  • Oordt, M. van
  • ; p. 405-418
  • Chapter 15: Digital cross-border supplies
  • Thang, S.B.
  • Shatalow, N.
  • ; p. 419-451
  • Chapter 16: Supplies below cost price or free of charge
  • Merkx, M.M.W.D.
  • ; p. 453-477
  • Chapter 17: VAT treatment of donations in light of green policy objectives
  • Spilker, B.
  • Hoffmann, B. (Benedikt)
  • ; p. 479-492
  • Chapter 18: The New Zealand broad-based, uniform-rate GST : virtue or fallacy?
  • White, D.I.
  • ; p. 495-513
  • Chapter 19: Japan's consumption tax experiment : operating a VAT without tax invoice
  • Masui, Y.
  • ; p. 515-528
  • Chapter 20: The destination principle in international trade in services : the Chinese experience
  • Xu, Y. (Yan)
  • ; p. 529-560
  • Chapter 21: VAT in Colombia : the need for a brand-new architecture?
  • Hoyos-Jiménez, C.
  • ; p. 561-573
  • Chapter 22: India: The challenges of implementing VAT in a federal state
  • Mukherjee, S. (Sacchidananda)
  • ; p. 575-602
  • Chapter 23: The VAT under excess capacity : the case of Ethiopia
  • Oordt, M. van
  • ; p. 603-616
Extent
xliii, 678 p.
Isbn
9789403524252
Isbn Type
(web-PDF)
Label
Virtues and fallacies of VAT : an evaluation after 50 years
Publication
Contents
  • Chapter 1: Introduction: VAT does well, but does it do well enough?
  • Brederode, R.F.W. van
  • ; p. 1-20
  • Chapter 2: Revenue performance
  • Gendron, P-P.
  • ; p. 23-42
  • Chapter 3: Neutrality versus equality
  • Amand, C.
  • ; p. 43-76
  • Chapter 4: Rate policy : evaluating the arguments for a single rate versus multiple rates
  • Brederode, R.F.W. van
  • ; p. 77-96
  • Chapter 5: Exemptions in VAT : a theoretical overview of traditional and modern VAT systems
  • Knotzer, C.
  • Pfeiffer, S.
  • ; p. 97-123
  • Chapter 6: Counting the costs of VAT compliance
  • Evans, C.
  • Krever, R.
  • ; p. 125-150
  • Chapter 7: VAT gaps in developing countries : measurement, administration and politics
  • Gendron, P-P.
  • Bird, R.M.
  • ; p. 151-179
  • Chapter 8: Susceptibility to fraud
  • Brederode, R.F.W. van
  • ; p. 181-215
  • Chapter 9: Value-Added Tax adjustments
  • James, K.
  • Spies, K.
  • ; p. 217-274
  • Chapter 10: VAT and transfer pricing
  • James, K.
  • Spies, K.
  • ;p. 275-325
  • Chapter 11: Vouchers and VAT
  • Bijl, J.
  • ; p. 327-353
  • Chapter 12: The evolving concept of fixed establishment in EU VAT law
  • Bal, A.M.
  • ; p. 355-380
  • Chapter 13: How are holdings holding up with VAT?
  • Herbain, C.A.
  • Thompson, C.
  • ; p. 381-403
  • Chapter 14: VAT refunds in developing countries
  • Oordt, M. van
  • ; p. 405-418
  • Chapter 15: Digital cross-border supplies
  • Thang, S.B.
  • Shatalow, N.
  • ; p. 419-451
  • Chapter 16: Supplies below cost price or free of charge
  • Merkx, M.M.W.D.
  • ; p. 453-477
  • Chapter 17: VAT treatment of donations in light of green policy objectives
  • Spilker, B.
  • Hoffmann, B. (Benedikt)
  • ; p. 479-492
  • Chapter 18: The New Zealand broad-based, uniform-rate GST : virtue or fallacy?
  • White, D.I.
  • ; p. 495-513
  • Chapter 19: Japan's consumption tax experiment : operating a VAT without tax invoice
  • Masui, Y.
  • ; p. 515-528
  • Chapter 20: The destination principle in international trade in services : the Chinese experience
  • Xu, Y. (Yan)
  • ; p. 529-560
  • Chapter 21: VAT in Colombia : the need for a brand-new architecture?
  • Hoyos-Jiménez, C.
  • ; p. 561-573
  • Chapter 22: India: The challenges of implementing VAT in a federal state
  • Mukherjee, S. (Sacchidananda)
  • ; p. 575-602
  • Chapter 23: The VAT under excess capacity : the case of Ethiopia
  • Oordt, M. van
  • ; p. 603-616
Extent
xliii, 678 p.
Isbn
9789403524252
Isbn Type
(web-PDF)

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