Key Questions in Considering a Value-Added Tax for Central and Eastern European Countries
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).
Series:
Working Paper No. 1991/069
Subject:
Income and capital gains taxes Income tax systems Sales tax Tax allowances Taxes Value-added tax
Notes:
Also published in Staff Papers, Vol. 39, No. 2, June 1992.
English
Publication Date:
July 1, 1991
ISBN/ISSN:
9781451960631/1018-5941
Stock No:
WPIEA0691991
Pages:
49
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