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 reducing compliance and administrative costs ...

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 ...

The AEO authorization will be valid until suspended, revoked or withdrawn for a material failure to abide by the terms and conditions of the authorization. National AEO programmes need to include a means of appeal against decisions by Customs administrations regarding AEO authorization including denial, suspension, revocation or withdrawal ...

To achieve the ultimate security and facilitation goals of the SAFE Framework, Customs administrations must adopt a transparent and forthcoming attitude in the area of Customs operations that can be further modernized, adjusted and improved to the benefit of the international trade community ...

Three examples from the World Bank's country economic work show how models can complement general principles in guiding the design of a tax reform package. The Bangladesh model highlights the sensitivity of judgments about desirable tax bases to assumptions about the labor market and substitutability in production ...

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 stage, sales tax was abolished and VAT levied and collected in its place. However, for some initial administrative difficulties, a few selected commodities, such as, tobacco products, natural gas, petroleum products, etc., and also a few services remained within the purview of excise duty for some time. Now they are under VAT ...

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 uniform taxation associated with VAT rates is likely to reduce the need for detailed information and thus the cost of administration and evasion ...

This paper attempts to identify the determinants of tax share and revenue performance in the past 15 years in Bangladesh along with 10 other developing countries through a panel data analysis. The results obtained suggest international trade, broad money, external debt and population growth to be significant determinants of tax efforts, with expected signs of the estimated coefficients. The study identifies Bangladesh ...

In recent years, analysis of tax expenditures has received much attention in the literature of public policy, particularly in the developing and transition economies. This policy note attempts to introduce the concept and size of tax expenditures in the context of Bangladesh with special references to experiences of India and Pakistan. It shows that the amount of tax expenditures... ...

The concept of the tax expenditure is not new for many countries of the world. But very recently it has drawn much attention in the literature of public policy, especially in the developing and transition economic like ours. This paper attempts to introduce the concept and size of the tax expenditure in the context of Bangladesh. It shows that the amount of tax expenditure in Bangladesh is 2.52% of GDP ...