Quality of the Administration of Value-Added Tax in OECD Countries and Russia

2013 ◽  
Author(s):  
Alexander Knobel ◽  
Sergei Germanovich Sinelnikov-Murylev ◽  
Ilya Sokolov
Keyword(s):  
Value Added ◽  
Oecd Countries ◽  
Value Added Tax

scholarly journals The value-added tax and growth: design matters

2021 ◽  
Author(s):  
Santiago Acosta-Ormaechea ◽  
Atsuyoshi Morozumi
Keyword(s):  
Value Added ◽  
Oecd Countries ◽  
Income Taxes ◽  
Tax Revenue ◽  
Value Added Tax ◽  
Uniform Rate ◽  
Efficiency Measures ◽  
Long Run ◽  
Advanced Economies ◽  
Standard Rate

AbstractPrevious research has shown that changes in the composition of tax revenue affect long-run growth. However, little is yet known about whether the way tax revenue is raised matters for growth. This paper examines whether, in the context of OECD countries, a revenue-neutral increase in the value-added tax (VAT), offset by a fall in income taxes, may have different effects on long-run growth depending on how the VAT is raised. We show that a revenue-neutral rise in the VAT promotes growth when it is raised through a rise in C-efficiency, while it does not when it is raised through a rise in the standard VAT rate, the rate applied to the largest portion of taxed consumption. C-efficiency measures the departure of the VAT from a perfectly enforced tax levied at a single rate on all consumption, which in advanced economies is largely due to the VAT that is not levied because of exemptions and reduced rates. Thus, our results suggest that an increase in C-efficiency, possibly reflecting the broadening of the VAT base through fewer exemptions and a more uniform rate structure with fewer reduced rates, promotes growth more than a rise in the standard rate.

Afrika’s obligation to fight for a gendered and youthful perspective in global digitalised tax restructuring

2021 ◽  
Vol 2021 (1) ◽  
pp. 278-294
Author(s):  
Khanyisile Litchfield-Tshabalala
Keyword(s):  
South Africa ◽  
Population Growth ◽  
Historical Perspective ◽  
Economic Status ◽  
Value Added ◽  
Oecd Countries ◽  
Gender Representation ◽  
Special Focus ◽  
Value Added Tax ◽  
Untapped Resource

This paper considered the historical perspective of women and taxation, as well their economic status in the Organisation for Economic Co-operation and Development (OECD) countries, Afrika, and South Africa as a special focus. The case was made that women are globally worse off economically than their male counterparts; but that Afrikan women specifically come off the worst. Women also suffer fiscal discrimination, yet they bear unique tax burdens like Pink Tax, Afrikan (Black) Tax for women in Afrika, individualised Pay as You Earn which ultimately discriminates against women-headed households, and women breadwinners. Even at the periphery of the economy, they shoulder value-added tax (VAT) the same as men. Given the forecasted Afrikan population growth, Afrikan women remain an untapped resource for the digital economy. Yet gender representation and equity in the current efforts for global tax governance restructuring are lacking. Hence there exists a need for the African Tax Administration Forum (ATAF) to champion a gendered and youthful perspective in digital tax transformation, and pioneer tax disaggregation by categorising women according to socio-economic profiles.

scholarly journals PROBLEMATIC ASPECTS OF ACCOUNTING FOR NON-CURRENT AND CURRENT TANGIBLE ASSETS IN BUDGETARY INSTITUTIONS

2020 ◽  
pp. 193-204
Author(s):  
Volodymyr METELYTSYA ◽  
Natalia KOVAL
Keyword(s):  
Value Added ◽  
Value Added Tax ◽  
Current State ◽  
Tangible Assets ◽  
Fixed Assets ◽  
Budgetary Institutions ◽  
European Standards ◽  
Definition Of ◽  
Taxation System

This article examines the current state of accounting support for current and non-current tangible assets in budgetary institutions. The analysis of the receipt of non-current tangible assets allowed us to focus on the issue of stagnation of the value criterion when assigning the asset to fixed assets or other non-current tangible assets. The application of the value criterion is currently an imperfect method of grouping non-current tangible assets by classification groups, because the definition of an asset in some cases depends on the supplier's taxation system. The definition of this problem allowed to suggest ways to solve it, where the first proposal is to refuse to separate value added tax from the price of the asset, and the second is to determine the asset by groups based on its properties without reference to its value. Each of the proposed proposals has its advantages, but given the inflationary factors and the instability of economic processes, the grouping of non-current tangible assets should be done by analyzing the characteristics, properties of the asset without reference to its value. The second part of this article is devoted to the study of the method of disposal of stocks received as a result of intra-departmental movement within the authorized body. It is established that this type of stocks has its own specifics associated with its receipt in the field of management and use in the activities of budgetary institutions. Taking into account these factors, the article proposes to legislate the disposal of this type of stock only by using the method of identified cost of the relevant unit of stock. This will ensure the reliability of the financial and budgetary reporting not only in a particular budgetary institution, but also in general by the authorized body. The proposed improvements in the accounting of non-current and current tangible assets will improve the financial and budgetary reporting of budgetary institutions, bring budgetary accounting to international and European standards, as well as improve the quality of planning in budgetary institutions.

scholarly journals World Experience of Application of the Added Value Tax and Prospects of its use in the Republic of Uzbekistan

2019 ◽  
Vol 8 (3S) ◽  
pp. 424-428
Keyword(s):  
Quality Of Life ◽  
Value Added ◽  
Comparative Characteristic ◽  
Tax Burden ◽  
Value Added Tax ◽  
Tax System ◽  
Tax Rate ◽  
The World ◽  
The Republic

The article is devoted to the analysis of the application of value added tax in world practice, the general problems of the development of the tax system as one of the most important regulators of a market economy. The world experience in the field of taxation and the possibility of its application for the Republic of Uzbekistan were taken as the basis for the study. A comparative analysis of the value-added tax rate and the quality of life of people in some countries (in accordance with the world rating) was carried out, which showed that a low value-added tax rate in a particular country does not always mean a high quality of life for the population. But subject to the payment of high taxes, the population of these countries enjoys a high degree of state social protection. The analysis of the dynamics of the tax burden of the Republic of Uzbekistan for 2013-2019 is carried out, the nature of the effectiveness of the tax system of the state is determined based on the ratio of direct and indirect taxes. As a result, the study showed that the tax system of the Republic of Uzbekistan is similar to the Eurocontinental and Latin American models with a tendency to a mixed model, which is characterized by diversification of the income structure, i.e. avoiding dependence on one type of tax. From 2013 to 2018 there is a uniform decrease in the tax burden, but in accordance with preliminary forecasts, the tax burden will increase in 2019. Moreover, in the Republic of Uzbekistan the value of the tax burden over the past few years has been one of the lowest in comparison with the countries of the European Union. This is due to the effectiveness of tax reforms in the country aimed at reducing the tax burden on the economy. A comparative characteristic of certain parameters of the tax system of the Republic of Uzbekistan and the tax systems of European states allows us to identify precisely those areas in which Western taxation models can be successfully applied in our country. The Government of the Republic of Uzbekistan has chosen guidelines aimed at comprehensively improving the living standards of the population, reducing social tension by reducing

Collection of Value Added Tax in Kosovo and Its Effect on Economic Growth

2017 ◽  
Vol 8 (1) ◽  
pp. 225
Author(s):  
Teki Shala
Keyword(s):  
Economic Growth ◽  
Descriptive Analysis ◽  
Value Added ◽  
Analytical Techniques ◽  
Value Added Tax ◽  
Statistical Tool ◽  
Revenue Collection ◽  
Strong Positive Relationship ◽  
Level Of Economic Development ◽  
Level Of Significance

The revenue collected from the value added tax constitutes the main income of the Kosovo government. For this reason, this research has a great importance in the formulation of effective policies in Kosovo that will subsequently improve the efficiency of tax collection of Value Added and growing fiscal and budgetary stability. This research it will have a descriptive analysis of the trends of VAT collection in Kosovo from 2005- 2015 years using different analytical techniques to examine trends and data structure over the years. We have used two types of analysis; One is the descriptive analysis of trends and the other is the contrast of the descriptive analysis of trends that is the econometric technique used to analyze the VAT effect on economic growth in Kosovo. The source of data for this study is secondary through the Annual Financial Report of the Ministry of Finance of Kosovo and the IMF. In order to analyze the data generated for the study, the statistical tool utilized is OLS technique (multiple regression). One of the key findings in the collection of VAT has been its dependence on the border. Revenue collection is among the most pressing problems and such situation does not guarantee a country's budgetary stability. Also, based on the findings we noted that the VAT share of the gathering in gross domestic product of the Interior of the country has been low compared to other countries in Europe developing, reflecting a low level of economic development. Also from econometric analysis is confirmed that the regression coefficient shows that we have a VAT impact on GDP in Kosovo, because the level of significance is .000, or includes the rate of 1%. Also, the correlation between VAT and GDP shows a strong positive relationship, or statistically interpreted with the increase of VAT, will increase the GDP of Kosovo, these two elements conclude that VAT has a significant impact on economic growth in Kosovo. Furthermore, this research highlight some key issues that policy makers should consider dealing with the collection and effective use of revenue collected from VAT, to improve growth.

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