International VAT/GST Guidelines

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  • International VAT/GST Guidelines Book Detail

  • Author : OECD
  • Release Date : 2017
  • Publisher : Org. for Economic Cooperation & Development
  • Genre : Intangible property
  • Pages : 0
  • ISBN 13 : 9789264272040
  • File Size : 58,58 MB

International VAT/GST Guidelines by OECD PDF Summary

Book Description: This paper set forth internationally agreed principles and standards for the value added tax (VAT) treatment of the most common types of international transactions, with a particular focus on trade in services and intangibles. Its aim is to minimise inconsistencies in the application of VAT in a cross-border context with a view to reducing uncertainty and risks of double taxation and unintended non-taxation in international trade. It also includes the recommended principles and mechanisms to address the challenges for the collection of VAT on crossborder sales of digital products that had been identified in the context of the OECD/G20 Project on Base and Erosion and Profit Shifting (the BEPS Project).

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This paper set forth internationally agreed principles and standards for the value added tax (VAT) treatment of the most common types of international transacti

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1.Overview of GST, 2. Important Definitions, 3. Supply Under GST, 4. Levy and Collection of Tax, 5. Exemption from GST, 6. Comosition levy, 7. Nature and Place