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 …

Wikipedia

Publications

IRENA: International Renewable Energy Agency · 11 June 2024 English

Renewable energy, energy access

subsidies. Many countries exempt EVs from value-added tax, registration taxes, and excise duties, or


World Bank Group · 6 June 2024 English

This report explores the dynamics between domestic food security in Central America and global price inflation. The report analyzes the extent to which international food and fertilizer prices have been …

Mapping VAR Vector Autoregressive Process VAT Value-Added Tax VEC Vector-Error Correction process PMA/WFP


World Bank Group · 5 June 2024 English

Hiring of personnel for addressing backlog of Value Added Tax (VAT) and Central Sales Tax (CST) assessments


ADB: Asian Development Bank · 5 June 2024 English

This brief analyzes how Bangladesh can strengthen its regulatory ecosystem to bolster vaccine and pharmaceutical manufacturing, improve public health outcomes, and better prepare for future health emergencies.

tariffs—such as import duty waivers, reductions in value-added tax, and tariff exemptions—as in the case of India


World Bank Group · 5 June 2024 English

The tool can be used to simulate distributive effects of fiscal policies (taxes and subsidies) on individual income and welfare, as well as on government expenditures and revenue.​

Levies 0.484 0.01 0.04 0.08 0.13 0.19 0.26 Value added tax 0.485 0.01 0.04 0.08 0.13 0.18 0.26 Excise


IMF: International Monetary Fund · 5 June 2024 English

The economy continues to recover while inflation is low. Banks’ credit is expanding, and the financial sector appears sound and stable. The current account is in surplus and international reserve …

Securities and Exchange Commission VAT Value-Added Tax TRINIDAD AND TOBAGO 6 INTERNATIONAL revenues (which supply about ¾ of FX) due to value-added tax (VAT) refunds. Also, with positive US-TT interest


IMF: International Monetary Fund · 4 June 2024 English

Selected Issues

(Internal) 9. Indirect taxes include the value added tax (VAT) and customs duties, with targeted excise in Djibouti originate from customs duties, value added tax (VAT), and the wage tax. The VAT and the


World Bank Group · 4 June 2024 English

(using the conversion factors and removing the value added tax of 12%) to assess the real costs and benefits


World Bank Group · 4 June 2024 English

The Philippines Economic Update (PEU) summarizes key economic and social developments, important policy changes, and the evolution of external conditions over the past six months. It also presents findings from …

Statistics Authority US United States VAT Value-added tax yoy year-on-year Executive Summary Recent a temporary adjustment in the schedule of Value-added tax (VAT) collections from monthly to quarterly


World Bank Group · 3 June 2024 English

Cambodia has made significant strides in expanding access to education over the past decade. The country's net enrollment rates have increased steadily, with primary education attendance reaching 90 percent in …

United States US$ United States dollar VAT Value-added tax y/y Year-on-year PART 1. RECENT ECONOMIC


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