Ebooks News

VAT Refunds A Review of Country Experience

8 View(s), published at 2005-11-01, written by Graham Harrison, Russell Krelove, published by International Monetary Fund
VAT Refunds A Review of Country Experience

Vat refunds: a review of country experience by Graham Harrison, Russell Krelove A key feature of the invoice-credit form of value-added tax (VAT) is that some businesses- notably exporters-will pay more tax on their purchases than is due on their sales, and so can seek refunds of.... Published date on: 2005-11-01 with total page: 43 pages. Publisher of VAT Refunds: A Review of Country Experience is International Monetary Fund.

A key feature of the invoice-credit form of value-added tax (VAT) is that some businesses- notably exporters-will pay more tax on their purchases than is due on their sales, and so can seek refunds of excess credits from government. While refunding is straightforward in principle, serious problems arise in practice, including opportunities for fraud and corruption, and denial of refunds by governments with cash shortages. This makes the refund process the "Achilles heel" of the VAT. This paper examines the refund approaches of tax administrations in 36 developing, transitional, and developed countries. It evaluates the effectiveness of these approaches and suggests a model of best practice that takes into consideration compliance issues faced by countries during different stages of development.

What your opinion about this ebook vat refunds a review of country experience? If you have read an ebook before don't be hasitate to leave review about the book vat refunds a review of country experience. But otherwise, you can registar/sign up before downloding this pdf book. We have huge database of ebooks in our library. If you bought an ebook than you want another ebook we suggest you to become our library member.

What do you get from becoming member in our library? 1.You can read free a lot of books from our database. 2.You can use any kind of ebook reader available on market, because our book available in various format. 3.You able to find your ebook fastly through our library because we put ebooks based on categories such as adventure, art, law, social, health, medical, science, romance, fiction, non-fiction and etc.

Tags: