The Effects of Adopting a Value Added Tax on Firms - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effects of Adopting a Value Added Tax on Firms write by David R. Agrawal. This book was released on 2022. The Effects of Adopting a Value Added Tax on Firms available in PDF, EPUB and Kindle. Value-added taxes (VAT) are a common way of raising revenue. While many countries have adopted a VAT in the last 30 years, they often adopt systems that deviate from textbook principles. The net effect on firms is therefore unclear. We construct a dataset of product- and state-specific tax rates before and after India switched from a sales tax to a VAT. Exploiting staggered state-level adoptions, we show that sales increased by 50% in the medium run. Even though India's VAT contained undesirable provisions, the decline in effective tax rates induced by the reform allowed firms to increase earnings and capital.
Effects of Adopting a Value-added Tax
Effects of Adopting a Value-added Tax - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Effects of Adopting a Value-added Tax write by . This book was released on 1992. Effects of Adopting a Value-added Tax available in PDF, EPUB and Kindle.
The Value Added Tax and Growth: Design Matters
The Value Added Tax and Growth: Design Matters - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Value Added Tax and Growth: Design Matters write by Mr.Santiago Acosta Ormaechea. This book was released on 2019-05-07. The Value Added Tax and Growth: Design Matters available in PDF, EPUB and Kindle. Does the design of a tax matter for growth? Assembling a novel dataset for 30 OECD countries over the 1970-2016 period, this paper examines whether the value added tax (VAT) may have different effects on long-run growth depending on whether it is raised through the standard rate or through C-efficiency (a measure of the departure of the VAT from a perfectly enforced tax levied at a single rate on all consumption). Our key findings are twofold. First, for a given total tax revenue, a rise in the VAT, financed by a fall in income taxes, promotes growth only when the VAT is raised through C-efficiency. Second, for a given VAT revenue, a rise in Cefficiency, offset by a fall in the standard rate, also promotes growth. The implication is thus that in OECD countries broadening the VAT base through fewer reduced rates and exemptions is more conducive to higher long-run growth than a rise in the standard rate.
The Effect of a Value-added Tax on Small Business
The Effect of a Value-added Tax on Small Business - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effect of a Value-added Tax on Small Business write by James M. Bickley. This book was released on 1988. The Effect of a Value-added Tax on Small Business available in PDF, EPUB and Kindle.
The Value-Added Tax
The Value-Added Tax - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Value-Added Tax write by Ben Lockwood. This book was released on 2007-07. The Value-Added Tax available in PDF, EPUB and Kindle. Has the VAT proved, as its proponents claim, an especially effective form of taxation? To address this, this paper first shows that a tax innovation-such as the introduction of a VAT- reduces the marginal cost of public funds if and only if it also leads an optimizing government to increase the tax ratio. This leads to the estimation, on a large panel, of a system of equations describing the probability of VAT adoption and the revenue impact of the VAT. The sign of the revenue impact is generally ambiguous, but most countries that have adopted a VAT seem to have gained a more effective tax instrument in doing so.
