Vat Exemptions Consequences and Design Alternatives

"The theoretical economic neutrality of the value-added tax (VAT), its comparatively low vulnerability to fraud, and its proven ability to raise signifi cant revenues have led to its ultimate adoption in some form or another by most countries and by many hundreds of subnational administrations worldwide. However, nowhere is VAT found without exemptions, a feature that undermines its fundamental logic and compromises its effi ciency and neutrality."

Product details

• Authors: de La Feria, Rita de la Feria, Herman Van Kesteren, Feria, Herman van Kesteren
• Publisher: Kluwer Law International, BV
• Content: Book
• Product form: Hardback
• Publication date: 13.02.2013
• Subject: Social sciences, law, business > Law > International law, foreign law; Guides > Law, job, finance > Taxes
• EAN: 9789041132765
• ISBN: 978-90-411-3276-5
• Pages: 392
• Dimensions (packing): 15.6 x 23.4 x 2.2 cm
• Weight (packing): 725 g
• Subjects: BUSINESS & ECONOMICS / Taxation / General; LAW / International; LAW / Taxation