Key Questions in Considering a Value-Added Tax for Central and Eastern European Countries

Sijbren Cnossen

No 1991/069, IMF Working Papers from International Monetary Fund

Abstract: 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).

Keywords: WP; tax credit; income tax; rate of return; VAT liability; transfer tax; border tax adjustment; VAT administration; VAT base; VAT treatment; tax liability; collection date; VAT administrator; tax-credit VAT; VAT purpose; VAT auditor; Value-added tax; Income and capital gains taxes; Income tax systems; Tax allowances; Sales tax; Eastern Europe (search for similar items in EconPapers)
Pages: 49
Date: 1991-07-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=1836 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1991/069

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().