Key Questions in Considering a Value-Added Tax for Central and Eastern European Countries
July 1, 1991
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Summary
In the course of introducing a market-oriented tax system, most Central and Eastern European countries are actively considering the merits of a value-added tax (VAT). This paper examines a wide range of social, economic, structural, and administrative issues that are pertinent to the introduction of a VAT. These issues have regard to the burden distribution of the VAT, its effect on the price level and economic growth, as well as the coverage of the tax, the definition of the base, and the choice of the rate structure. Various legal and administrative aspects are also reviewed. The paper draws on the experience with value-added taxation of the member states of the European Community (EC) and other countries that belong to the Organisation for Economic Cooperation and Development (OECD).
Subject: Income and capital gains taxes, Income tax systems, Sales tax, Tax allowances, Taxes, Value-added tax
Keywords: border tax adjustment, collection date, Eastern Europe, Income and capital gains taxes, income tax, Income tax systems, rate of return, Sales tax, Tax allowances, tax credit, tax liability, tax-credit VAT, transfer tax, Value-added tax, VAT administration, VAT administrator, VAT auditor, VAT base, VAT liability, VAT purpose, VAT treatment, WP
Pages:
49
Volume:
1991
DOI:
Issue:
069
Series:
Working Paper No. 1991/069
Stock No:
WPIEA0691991
ISBN:
9781451960631
ISSN:
1018-5941
Notes
Also published in Staff Papers, Vol. 39, No. 2, June 1992.
