scholarly journals Tax System and Conditioning of Business Environment in Lithuania

Ekonomika ◽  
2000 ◽  
Vol 52 ◽  
Author(s):  
Aleksandras Vytautas Rutkauskas ◽  
Manuela Tvaronaviciene
Keyword(s):  
Tax Reform ◽  
International Comparisons ◽  
Value Added ◽  
Business Environment ◽  
Value Added Tax ◽  
Tax System ◽  
A Value ◽  
Main Emphasis ◽  
Consumption Taxes

In this article an officially declared direction of a future tax reform is discussed. The main emphasis is put on the examination of a role of a profit tax in conditioning of contemporary economical environment of operating business firm and impact of consumption taxes on a behavior of various participants of market. International practice of imposing a profit tax and a value added tax (VAT) is considered and international comparisons are made. The article argues for introducing a progressive profit tax and reducing value added tax.

Book Reviews

2012 ◽  
Vol 50 (4) ◽  
pp. 1117-1119
Keyword(s):  
Tax Reform ◽  
Value Added ◽  
Capital Gains ◽  
American Enterprise Institute ◽  
Tax Rates ◽  
Value Added Tax ◽  
A Value ◽  
History Of ◽  
The Business Cycle ◽  
Federal Taxes

Alan D. Viard of American Enterprise Institute reviews, “The Benefit and the Burden: Tax Reform--Why We Need It and What It Will Take” by Bruce Bartlett. The EconLit Abstract of this book begins: “Explores the fundamentals of taxation at the simplest level and considers the question of tax reform. Discusses a brief history of federal income taxation; how a tax bill is made; the definition of income; how to understand tax rates; the relationship between tax rates and tax revenues; how taxes affect economic growth; the question of progressivity; taxes and the business cycle; how other countries tax themselves; spending through the tax code; taxes and the health system; tax preferences for housing; how federal taxes affect the states; the problem of charitable contributions; the problem of taxing capital gains; some unresolved issues in the taxation of corporations; the problem of tax administration; the history of tax reform; the pros and cons of popular tax reform proposals; the need for more revenue; the case for a value-added tax; the case against a value-added tax; what should be done about the Bush tax cuts; and whether tax reform will happen because Grover Norquist permits it. Bartlett is an economic columnist. Index.”

scholarly journals Stage 1 registered report for replication of Experiment 1 and 2 of “Axe the tax: Taxes are disliked more than equivalent costs” (Sussman & Olivola, 2011)

2018 ◽  
Author(s):  
Jerome Olsen ◽  
Christoph Kogler ◽  
Mark John Brandt ◽  
Linda Dezső ◽  
Erich Kirchler
Keyword(s):  
Value Added ◽  
Consumption Tax ◽  
Original Experiment ◽  
Tax System ◽  
Replication Studies ◽  
A Value ◽  
The Us ◽  
The Uk ◽  
Stage 1 ◽  
Consumption Taxes

Stage 1: Sussman and Olivola (2011) reported that people in the US show a stronger preference to avoid tax-related costs than to avoid tax-unrelated monetary costs of the same size and coined the term Tax Aversion to describe the phenomenon. The original Experiment 1 and 2 results indicated that people are willing to incur increased timely costs to receive a discount when it refers to taxes (e.g., “axe-the-tax discount”) than when it just refers to a regular discount (e.g., “customer rewards”). Their paper has received considerable attention and is often cited in tax behavior research when referring to citizens’ general aversion to taxes. We propose close replications of Experiments 1 and 2 in two high-powered studies in the US (N = 600 and N = 700, respectively). Because the original study was conducted in a country that relies on a sales tax system, where consumption taxes are very salient, we additionally propose conducting both replication studies in the UK to test whether the effect also applies to a value added tax system (again N = 600 and N = 700, respectively). The replication studies will test whether Tax Aversion is a stable phenomenon in the US and whether the effect extends to a consumption tax system where payments do not represent an out-of-pocket cost.

scholarly journals GST & Evolution of Tax System in India

2017 ◽  
Vol 7 (1) ◽  
pp. 65
Author(s):  
Jasmine V.M.
Keyword(s):  
Tax Reform ◽  
Value Added ◽  
Collection System ◽  
Value Added Tax ◽  
Simple Manner ◽  
Tax Collection ◽  
Tax System ◽  
Cascading Effect ◽  
Development Structure ◽  
Taxation System

<em>Goods and Service Tax (GST) is a new tax-reform that India going to experience from July 1st 2017. GST is a comprehensive tax collection system which will subsume many direct as well as indirect taxes. Currently we have Value Added Tax system for collecting indirect tax by the states. It has been introduced as indirect value added tax into Indian Taxation system from 01st April 2005. Approximately 193 countries in the world employed VAT. In order to give uniformity in tax collection and to avoid cascading effect of tax GST has been studied and going implement throughout the country. In this context this paper is an attempt to understand historical development, structure of Indian Taxation system, working, features, Impacts of GST in a simple manner .This paper concludes with some suggestions which will be helpful for smooth implementation of GST.</em>

scholarly journals GST: A Tax Reform for Sustainability of Indian Handicrafts

2019 ◽  
Vol 7 (1) ◽  
pp. 354-359
Author(s):  
Kritika Tekwani ◽  
Rinku Raghuvanshi
Keyword(s):  
Sustainable Development ◽  
Tax Reform ◽  
Value Added ◽  
Secondary Data ◽  
Published Data ◽  
Tax System ◽  
The Sustainable Development ◽  
Goods And Services ◽  
The Government

Purpose of the study: Taxation is one of a tool, which helps the Government for the achievement of the goal of sustainable development for every sector including handicraft. The objectives of this study are to know about Goods and Services Tax & its inferences on sustainable development of Indian handicrafts and to identify the role of GST as tax reform in the sustainable development of handicrafts sector in India. The Indian handicraft is economically important and it has more potential for exports. This sector places a major role in the Indian economy. Methodology:  The Descriptive method of research has been used to gather information about the existing conditions of GST and Handicraft sector of India. This study is based on secondary data. The data has been taken from different journals, books, magazines, websites, and published data from government institutions. This study is explanatory in nature. The collected data from different sources has been reviewed and data relevant to the handicraft sector further analyzed. The researcher concluded that how GST is helping Indian handicraft sector for sustainable development. Main Findings: GST brought transparency in the tax system and it also eliminated the multiple taxes, which ultimately increases the final prices. This study revealed that GST would make Indian handicrafts more competitive in the domestic and foreign markets. GST is fiscal tax reform which helps in the sustainable development of Indian handicrafts. This research study found that the handicraft sector of India became more organized, centralized, and regulated after the implementation of Goods and Services Tax. The implication of the study: GST implemented on July 01, 2017 with the aim of simplification of the tax system, fiscal structure, United Indian Market, and sustainable development in India. It is a comprehensive value-added tax which merged different taxes including VAT, service tax, surcharges, CST, etc. This study can be useful for future researchers, traders, and exporters to know the implication of GST in the handicraft sector. Traders and exporters can get knowledge about the GST, tax rates, and exports under LUT/ bond. This study may be benefited to the Government for further development in GST as per the findings of this study. Novelty/Originality of this study: GST is new tax reform in India, only a few studies have been done on it. As per the researcher ’ s best knowledge few studies have been carried out on GST and handicraft sector, but none of the study is carried out on this topic. This study highlights the unrevealed facts and figures about the role of GST in the sustainable development of the handicraft sector.

THE ROLE OF A VALUE ADDED TAX IN FINANCING SOCIAL SECURITY

1979 ◽  
Vol 32 (3) ◽  
pp. 334-346
Author(s):  
JAMES W. WETZLER
Keyword(s):  
Social Security ◽  
Value Added ◽  
Value Added Tax ◽  
A Value

scholarly journals Tax & Value Added Tax—In View of Bangladesh

2018 ◽  
Vol 1 (1) ◽  
pp. 37-48
Author(s):  
Md. Ashiquzzaman
Keyword(s):  
Value Added ◽  
Income Taxes ◽  
Resource Mobilization ◽  
Theory And Practice ◽  
Value Added Tax ◽  
A Value ◽  
Reform Program ◽  
Consumption Taxes ◽  
Domestic Resource ◽  
Prime Source

Most developing counties are increasingly focusing on domestic resource mobilization toward economic development. In this context, tax performance is of crucial importance, especially for a developing country, since it is the prime source for domestic resource mobilization. This article reviews the incidence of income taxation in Bangladesh tax system. The main purpose of the study is to determine how the burden of personal and corporation income taxes is allocated among taxpayers of different income groups. Bangladesh faces many problems in raising sufficient tax revenues to fund its economic and social development. To address this problem and to improve economic efficiency and growth, a major tax reform program was initiated in 1991 which centered on the introduction of a value-added tax (VAT) to replace a range of narrowly-based consumption taxes. This study works as a linkage between theory and practice on Value Added Tax. In this Article focus on the tax, Value added tax, tax in history, definition, collecting problem, advantage, and disadvantage.

scholarly journals The Role of Improving the Tax System in the Development of Entrepreneurship During the Pandemic

2021 ◽  
Vol 04 (11) ◽  
Author(s):  
Nargiza Nurmatovna Karshieva ◽  
Keyword(s):  
Value Added ◽  
Value Added Tax ◽  
Power Of Attorney ◽  
Tax System ◽  
Tax Benefits ◽  
The Cost ◽  
Compensation Payments

This article describes the tax benefits provided to businesses in Uzbekistan during the pandemic, their content and amount. As a result of the analysis, the author made the following proposals: to ensure the complete transfer of all taxpayers to electronic accounts in order to prevent breaking the value-added tax chain, as well as to take measures for electronic registration and protection of the power of attorney for the import of goods and materials; consideration of the issue of administering VAT accounting in the form of compensation payments included in income in the form of wages, that is, the cost of food or the cost of food.

scholarly journals VALUE ADDED TAX AND TURNOVER TAX. COMPARATIVE CHARACTERISTICS

2021 ◽  
Vol 9 (1) ◽  
pp. 76-80
Author(s):  
Anton Chehov
Keyword(s):  
Tax Reform ◽  
Value Added ◽  
Comparative Characteristic ◽  
Value Added Tax ◽  
Tax System ◽  
Pros And Cons

Currently, aspects of tax reform are being actively discussed and discussed, and proposals are increasingly being put forward to abolish the value-added tax and return to its origins-the turnover tax. Of course, each of them has its own «pros» and «cons» of using a particular tax system. But the transition from VAT to turnover tax is natural, and to justify this in this article, it is proposed to conduct a comparative characteristic of them.

scholarly journals The Role of Withholding in the Self-Enforcement of a Value-Added Tax: Evidence from Pakistan

2020 ◽  
pp. 1-44
Author(s):  
Mazhar Waseem
Keyword(s):  
Value Added ◽  
The Self ◽  
Extensive Margin ◽  
Value Added Tax ◽  
A Value ◽  
Self Enforcement ◽  
Large Response ◽  
Roll Out

I leverage the staggered roll out of VAT in Pakistan to document the role of withholding mechanism in the self-enforcement of a VAT. Focusing on firms already in the tax net, I see how their outcomes respond when the tax is extended upward to intermediates used by them. I find that the upward extension of VAT, which triggers the withholding mechanism, causes an immediate and large (more than 40 log-points) surge in sales reported by firms. The evolution of bunching above the zero-liability point and of input costs reported by firms suggest that this large response is indeed driven by the withholding mechanism. I also explore the role of withholding in the extensive margin compliance choices of firms.

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