Value Added Tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services, it can reclaim the tax paid. It is similar to, and is often compared with, a sales tax. VAT essentially compensates for the shared service and infrastructure provided in a certain locality by …
WikipediaPublications
IRENA: International Renewable Energy Agency · 24 November 2023 English
Renewable energy
Nations Development Programme GJ gigajoule VAT value-added tax GPS global positioning system yr year ha hectare …
World Bank Group · 23 November 2023 English
Mauritius’s economy has grown dramatically since independence, but its dynamism has waned in recent years. Mauritius’s rapid development has offered a powerful example for developing economies worldwide. However, the economy …
Organization USD United States Dollar VAT Value Added Tax Executive Summary Well-designed fiscal reforms … equity of taxation. Finally, scaling back value- added tax (VAT) exemptions and zero-ratings could increase …
World Bank Group · 23 November 2023 English
IFC supports private sector clients as they develop investment projects in E2W and E3W markets, helping identify viable business models and piloting innovative solutions. Working in collaboration with the World …
market of batteries and EVs • Harmonizing value-added tax rates between battery and EV categories In …
World Bank Group · 22 November 2023
Dominican Republic. On the revenue side, the analysis focuses on the personal income tax, the value added tax (tax on the transfer of industrialized goods and services, known as ITBIS in the Dominican Republic …
World Bank Group · 22 November 2023
Dominican Republic. On the revenue side, the analysis focuses on the personal income tax, the value added tax (tax on the transfer of industrialized goods and services, known as ITBIS in the Dominican Republic …
IMF: International Monetary Fund · 22 November 2023 English
Context. The global financial crisis and international efforts to address preferential tax regimes exposed the vulnerabilities of San Marino’s oversized financial sector servicing nonresidents. While the banking system entered a …
through income tax reform, the introduction of a value added tax and/or expanding excise duties. Continuing …
World Bank Group · 21 November 2023 English
To identify transactions at risk of tariff evasion, this paper matches export transaction data from France with import transaction data from Madagascar using container identifiers. Reporting discrepancies between exporters and …
Hjort, Knebelmann, and Tian (2022) who use value-added tax (VAT) transaction data from Uganda to show …
World Bank Group · 21 November 2023
Dominican Republic. On the revenue side, the analysis focuses on the personal income tax, the value added tax (tax on the transfer of industrialized goods and services, known as ITBIS in the Dominican Republic …
IMF: International Monetary Fund · 21 November 2023 English
Urgent and aggressive action to cut greenhouse gas emissions this decade is needed. As countries take stock of the Paris Agreement, this Note provides IMF staff’s annual assessment of global …
latter being the former plus preferential value-added tax rates (OECD 2022b; Agnolucci and others 2023) …
World Bank Group · 20 November 2023 English
This paper studies the impact of point of sale technology adoption on local tax compliance by firms. The paper exploits administrative data on monthly restaurant and hotel tax payments in …
evaluating policy- induced third-party reports on value-added tax (VAT) liabilities (Bellon et al., 2019; Lovics … information: Deterrence and self-enforcement in the value added tax (w19199). National Bureau of Economic Research …
