Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base: Application in Zambia
Two methods of calculating the value-added tax (VAT) base, using production and consumption data, respectively, have been applied in different countries to estimate VAT revenue. It is not apparent that these methods should produce the same result for a particular country because each method requires...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1996
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Schriftenreihe: | IMF Working Papers
Working Paper No. 96/67 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Two methods of calculating the value-added tax (VAT) base, using production and consumption data, respectively, have been applied in different countries to estimate VAT revenue. It is not apparent that these methods should produce the same result for a particular country because each method requires different adjustments for exemptions. This paper establishes analytically the equivalence of the two methods. Both methods are applied to Zambia. Given the limitations of data, the two methods produce different results, yielding an estimated range for VAT revenue of 2-3 percent of GDP in 1995. Actual VAT revenue collected fell within this range |
Beschreibung: | 1 Online-Ressource (22 p) |
ISBN: | 1451961588 9781451961584 |
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spelling | Pellechio, Anthony J. Verfasser aut Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia Pellechio, Anthony J Washington, D.C International Monetary Fund 1996 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 96/67 Two methods of calculating the value-added tax (VAT) base, using production and consumption data, respectively, have been applied in different countries to estimate VAT revenue. It is not apparent that these methods should produce the same result for a particular country because each method requires different adjustments for exemptions. This paper establishes analytically the equivalence of the two methods. Both methods are applied to Zambia. Given the limitations of data, the two methods produce different results, yielding an estimated range for VAT revenue of 2-3 percent of GDP in 1995. Actual VAT revenue collected fell within this range Online-Ausg Hill, Catharine Sonstige oth http://elibrary.imf.org/view/IMF001/02069-9781451961584/02069-9781451961584/02069-9781451961584.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Pellechio, Anthony J. Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia |
title | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia |
title_auth | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia |
title_exact_search | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia |
title_exact_search_txtP | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia |
title_full | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia Pellechio, Anthony J |
title_fullStr | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia Pellechio, Anthony J |
title_full_unstemmed | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base Application in Zambia Pellechio, Anthony J |
title_short | Equivalence of the Production and Consumption Methods of Calcuting the Value-Added Tax Base |
title_sort | equivalence of the production and consumption methods of calcuting the value added tax base application in zambia |
title_sub | Application in Zambia |
url | http://elibrary.imf.org/view/IMF001/02069-9781451961584/02069-9781451961584/02069-9781451961584.xml |
work_keys_str_mv | AT pellechioanthonyj equivalenceoftheproductionandconsumptionmethodsofcalcutingthevalueaddedtaxbaseapplicationinzambia AT hillcatharine equivalenceoftheproductionandconsumptionmethodsofcalcutingthevalueaddedtaxbaseapplicationinzambia |