A Destination VAT for CIS Trade

ByVictoria J Perry, Katherine Baer, Emil M Sunley

April 1, 1996

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

In all of the new countries formed after the dissolution of the Soviet Union, other than the Baltics, the value-added taxes (VATs) adopted were “hybrid” VATs that treat CIS trade differently from trade with the rest of the world. This paper inquires whether this is appropriate. The paper concludes that it would be better if all CIS countries applied the destination principle to CIS trade as well as to trade with the rest of the world. The paper addresses the economic, administrative and revenue allocation considerations underlying this decision.

Subject: Destination-based taxation, Exports, Imports, International trade, Tariffs, Taxes, Value-added tax

Keywords: Central Asia, CIS countries, CIS country, CIS imports, CIS state, CIS trade, country, Destination-based taxation, export, Exports, importing country, Imports, Tariffs, tax authority, trade, Value-added tax, VAT, WP

Pages:
30
Volume:
1996
DOI:
https://doi.org/10.5089/9781451978551.001
Issue:
035
Series:
Working Paper No. 1996/035
Stock No:
WPIEA0351996
ISBN:
9781451978551
ISSN:
1018-5941

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