Tax Articles

ESTIMATING INDUSTRY BENCHMARKS FOR THE VALUE ADDED TAX
Various indicators (e.g., VAT-to-GNP ratio, VAT evasion rate) suggest that problems in VAT administration have not only persisted during the 1990s but also appear to have worsened. This study makes use of the 1994 Input Output Table to estimate indu
Date Added: 2011-04-21 Read More
 
Industry Benchmarking for Improved VAT Administration
The value added tax (VAT) was first adopted in the Philippines in 1988, replacing 12 different kinds of indirect taxes like the annual fixed taxes, sales tax on manufacturersproducers, turnover tax on subsequent sellers, advance sales taxcompensatin
Date Added: 2011-04-21 Read More
 
International Standard Industrial Classification of All Economic Activities
The International Standard Industrial Classification of All Economic Activities (ISIC) consists of a coherent and consistent classification structure of economic activities based on a set of internationally agreed concepts, definitions, principles a
Date Added: 2011-04-21 Read More
 
THE OECD INPUT-OUTPUT DATABASE: 2006 EDITION
The development of the OECD.s input-output database started over a decade ago and is currently undergoing its second update. Over the years, the database has been used in a number of analytical applications both within and outside the OECD. Two major
Date Added: 2011-04-28 Read More
 
UK - The VAT Guide
Some features of VAT arise less frequently or only affect certain types of business. You will find detailed guidance on these in other, more specialised notices. There is a full list of VAT publications in Notice 999 Catalogue of publications which i
Date Added: 2011-05-05 Read More
 
Equity Impact of the Value-Added Tax in Bangladesh
By 1990, more than 50 countries in the world had adopted VAT of some kind (Tait (1991), pp. 2-3). With the introduction of the VAT by countries of Eastern Europe and the former Soviet Union (FSU) in recent years, the tax is becoming universal. The u
Date Added: 2011-05-08 Read More
 
STRUCTURE, ADMINISTRATION OF VAT IN BANGLADESH WITH SPECIAL REFERENCE TO EVASION CONTROL AND MEASUREMENT OF VAT POTENTIAL
Value Added Tax (VAT) was introduced in Bangladesh from the 1st of July, 1991. This tax is levied, as a substitute for excise duty, on most of the goods and services which are now subjected to excise duty. It may be mentioned here, at the import sta
Date Added: 2011-04-28 Read More
 
INTRODUCTION TO VALUE ADDED TAX (VAT)
The public hue and cry against the introduction to Value Added Tax has posed a great problem in its implementation. The traders and businessman have projected VAT as the root cause of increase in prices of goods. The public sentiments have been aggr
Date Added: 2011-06-07 Read More
 
GST: Accounting for land and other high-value assets
New Zealand’s GST applies to the widest possible range of goods and services, with minimal exceptions. This reduces the extent to which GST alters consumption and production decisions in New Zealand, thereby creating economic efficiency and reduci
Date Added: 2011-06-07 Read More
 
Central Product Classification
The Central Product Classification (CPC) constitutes a complete product classification covering goods and services. It was intended to serve as an international standard for assembling and tabulating all kinds of data requiring product detail includ
Date Added: 2011-04-16 Read More