E -Governance of Value Added Tax System Comparative study with reference to Goa and Kerala

2012 ◽  
Vol 3 (3) ◽  
pp. 3-4
Author(s):  
SUBRAHMANYA BHAT.K.M SUBRAHMANYA BHAT.K.M ◽  
Keyword(s):  
Comparative Study ◽  
Value Added ◽  
Value Added Tax ◽  
Tax System

VALUE ADDED TAX IN THE EUROPEAN UNION

2021 ◽  
Vol 62 (01) ◽  
pp. 186-189
Author(s):  
Nigar Yadulla Shahgaldiyeva ◽  
Keyword(s):  
European Union ◽  
Key Words ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
Tax System ◽  
Manufactured Goods ◽  
The Difference

Value-added tax is an indirect tax based on the sale value of goods, production and non-manufactured goods as an object of taxation. According to the mechanism and procedures for the calculation and payment of value added tax, this tax is not directly imposed by a particular person, but applies to consumers in the process of return. In this case, the value added tax is neutral for securities. In addition, value added tax is universal and is characterized by the difference between purchases at each stage of production and turnover. In connection with the calculation of value added tax, the taxpayer's tax liability to the budget consists of the difference between the amount of tax assessed on taxable turnover and the amount of tax to be deducted in accordance with the documents. Key words: European Union, value Added Tax, tax, tax system

scholarly journals Value Added Tax & Export: the Case of Selected Countries around the World

2011 ◽  
Vol 2 (6) ◽  
pp. 298-305
Author(s):  
Ahmad Jafari Samimi
Keyword(s):  
Value Added ◽  
Statistical Test ◽  
Annual Growth ◽  
Value Added Tax ◽  
Tax System ◽  
Goods And Services ◽  
The World ◽  
Before And After ◽  
The Impact ◽  
Do So

The purpose of the present paper is to compare the impact of implementing Value Added Tax on Export of goods and services in selected countries. In this paper, we used four different indices for export; export of goods and services, export of goods and services (BOP), export of goods and services (annual % growth), export of goods and services (% of GDP) to investigate the sensitivity to different definitions .To do so, study concentrated on a sample of 140 countries that have applied Value Added Tax in their tax system from 1990 to 2008. Findings of the study based on Mean Difference Statistical Test in a two threeyear periods before and after introduction of VAT. In general, the results show that, in different indices, the impact of VAT on export is positive. Therefore, it is suggested that other countries have not yet introduced the VAT to reform their tax system by introducing the VAT.

scholarly journals Value Added Tax and Applicability Within Iraqi Tax System

2018 ◽  
Vol 37 (118) ◽  
pp. 41-62
Author(s):  
Oday S. Ali ◽  
Saraa S. Dawood
Keyword(s):  
Value Added ◽  
Value Added Tax ◽  
Tax System

scholarly journals FEATURES OF VAT IN THE BUDGET OF THE ORGANIZATION

2018 ◽  
Vol 64 ◽  
Author(s):  
M.V. Shcherbatova ◽  
I.V. Feofanova
Keyword(s):  
Value Added ◽  
Accounting System ◽  
Tax Credit ◽  
Value Added Tax ◽  
Tax System ◽  
Tax Legislation ◽  
Budgetary Institutions ◽  
Tax Accounting

The main aspects of value added tax accounting are investigated. Features of calculation of tax obligations and the tax credit in budgetary institutions are considered. The shortcomings of the tax system and problematic issues of VAT accounting are identified. It is proposed to reform the current tax legislation and the VAT accounting system of the budget institution.

scholarly journals IT Tools Used to Reduce the VAT Loophole– JPK_VAT, STIR, Split Payment Mechanism.

2018 ◽  
Vol 22 (3) ◽  
pp. 26-30 ◽  
Author(s):  
Adam Żabka ◽  
Beata Hoza
Keyword(s):  
Data Analysis ◽  
Legal System ◽  
Information Technologies ◽  
Value Added ◽  
Control Algorithms ◽  
Value Added Tax ◽  
Tax System ◽  
Payment Mechanism ◽  
Eu Member States ◽  
Widespread Phenomenon

Tax leakage is a challenge for fiscal organs in many countries which make use of the Value Added Tax (VAT) in their tax system. It is a widespread phenomenon also in Poland. In order to reduce the so called tax loopholes or gaps it is necessary to implement changes in the legal system which will allow to conduct data analysis through information technologies using control algorithms. When it comes to Poland, such analyses can be conducted thanks to the following tools: VAT Standard Audit File for Tax (SAF-T) – in Poland referred to as JPK_VAT file, STIR - the teleinformation system of KIR – the key entity of the Polish payment infrastructure, and the VAT split payment mechanism. The aim of the paper is to present the estimated value of the VAT loophole in Poland and other EU member states in the period 2015–2016, and to point to steps which aim at reducing the size of the gap through application of IT tools.

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