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

July 1, 1991

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Sijbren Cnossen. Key Questions in Considering a Value-Added Tax for Central and Eastern European Countries, (USA: International Monetary Fund, 1991) accessed December 26, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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).

Subject: Income and capital gains taxes, Income tax systems, Sales tax, Tax allowances, Taxes, Value-added tax

Keywords: Border tax adjustment, Collection date, Eastern Europe, Income and capital gains taxes, Income tax, Income tax systems, Rate of return, Sales tax, Tax allowances, Tax credit, Tax liability, Tax-credit VAT, Transfer tax, Value-added tax, VAT administration, VAT administrator, VAT auditor, VAT base, VAT liability, VAT purpose, VAT treatment, WP

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1991/069
Stock No:

WPIEA0691991
ISBN:

9781451960631
ISSN:

1018-5941

Notes

Also published in Staff Papers, Vol. 39, No. 2, June 1992.

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