International Vat Harmonization: Economic Effects
This paper highlights key macroeconomic issues related to VAT harmonization. A model is developed which emphasizes the effects of changes in the time profile of various taxes on international behavior. Dynamic simulations reveal that the macroeconomic and welfare implications of VAT harmonization, i...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1991
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Schriftenreihe: | IMF Working Papers
Working Paper No. 91/22 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper highlights key macroeconomic issues related to VAT harmonization. A model is developed which emphasizes the effects of changes in the time profile of various taxes on international behavior. Dynamic simulations reveal that the macroeconomic and welfare implications of VAT harmonization, including conflicts of interest, depend critically on the tax system and the degree of substitution governing temporal and intertemporal allocations. We also demonstrate that the effects of revenue-neutral tax conversions between income and consumption tax systems undertaken by a single country depend critically on international differences in behavior |
Beschreibung: | 1 Online-Ressource (48 p) |
ISBN: | 1451921179 9781451921175 |
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illustrated | Not Illustrated |
index_date | 2024-07-03T20:13:17Z |
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publisher | International Monetary Fund |
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spelling | Frenkel, Jacob A. Verfasser aut International Vat Harmonization Economic Effects Frenkel, Jacob A Washington, D.C International Monetary Fund 1991 1 Online-Ressource (48 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 91/22 This paper highlights key macroeconomic issues related to VAT harmonization. A model is developed which emphasizes the effects of changes in the time profile of various taxes on international behavior. Dynamic simulations reveal that the macroeconomic and welfare implications of VAT harmonization, including conflicts of interest, depend critically on the tax system and the degree of substitution governing temporal and intertemporal allocations. We also demonstrate that the effects of revenue-neutral tax conversions between income and consumption tax systems undertaken by a single country depend critically on international differences in behavior Online-Ausg Razin, Assaf Sonstige oth Symansky, Steven A. Sonstige oth http://elibrary.imf.org/view/IMF001/03785-9781451921175/03785-9781451921175/03785-9781451921175.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Frenkel, Jacob A. International Vat Harmonization Economic Effects |
title | International Vat Harmonization Economic Effects |
title_auth | International Vat Harmonization Economic Effects |
title_exact_search | International Vat Harmonization Economic Effects |
title_exact_search_txtP | International Vat Harmonization Economic Effects |
title_full | International Vat Harmonization Economic Effects Frenkel, Jacob A |
title_fullStr | International Vat Harmonization Economic Effects Frenkel, Jacob A |
title_full_unstemmed | International Vat Harmonization Economic Effects Frenkel, Jacob A |
title_short | International Vat Harmonization |
title_sort | international vat harmonization economic effects |
title_sub | Economic Effects |
url | http://elibrary.imf.org/view/IMF001/03785-9781451921175/03785-9781451921175/03785-9781451921175.xml |
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