The Value Added Tax and Growth: Design Matters

Released on by Mr.Santiago Acosta Ormaechea
preview-18

  • The Value Added Tax and Growth: Design Matters Book Detail

  • Author : Mr.Santiago Acosta Ormaechea
  • Release Date : 2019-05-07
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 38
  • ISBN 13 : 149831418X
  • File Size : 82,82 MB
DOWNLOAD BOOK

The Value Added Tax and Growth: Design Matters by Mr.Santiago Acosta Ormaechea PDF Summary

Book Description: 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.

Disclaimer: www.yourbookbest.com does not own The Value Added Tax and Growth: Design Matters books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Rise of the Value-Added Tax

The Rise of the Value-Added Tax

File Size : 28,28 MB
Total View : 7049 Views
DOWNLOAD

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

International VAT/GST Guidelines

International VAT/GST Guidelines

File Size : 84,84 MB
Total View : 259 Views
DOWNLOAD

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

Progressive Consumption Taxation

Progressive Consumption Taxation

File Size : 30,30 MB
Total View : 7283 Views
DOWNLOAD

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