Strategic Aspects of Value Added Tax (VAT)
7 Pages Posted: 20 Nov 2007
Date Written: 2007
The paper explains why VAT is replacing the old cascading sales tax system all over the world because of the competitive advantage it offers to nations. The paper also goes into other strategic considerations such as the preference of VAT taxation over VAT exemption, and the use of lower VAT to encourage labour intensive industries.
Keywords: Competitive advantage, VAT, EU Taxation, value added tax
JEL Classification: E6, E60, E61, E62, H2, H25, H3
Suggested Citation: Suggested Citation