Modernizing VATs in Africa is popular PDF and ePub book, written by Sijbren Cnossen in 2019-07-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Modernizing VATs in Africa can be Read Online from any device for your convenience.
Modernizing VATs in Africa Book PDF Summary
Most African countries are in dire need of more tax revenue. In 28 out of 45 countries with a value-added tax (VAT), total tax revenue as a percentage of GDP is around 15% or less, falling short of what is necessary to finance basic human and economic development. Far from being revenue-raising instruments, current African VATs are riddled with exemptions, exclusions, and zero rates on domestic goods and services that depress revenue, are highly distortionary, and greatly complicate the administration of VAT. Modernizing VATs in Africa enables policymakers, professionals, and students to analyse African tax systems to ascertain how they can be modernized. It explains the case for VAT base-broadening over rate-increasing, arguing that exemptions and zero rates mainly accrue benefits for higher-income groups. Even more persuasively, it demonstrates that the net result of fiscal systems can be equalizing if the revenue of broad-based VATs is used to finance in-kind transfers, such as healthcare and education. VAT modernization should be used to enable governments to finance development; Modernizing VATs in Africa puts a compelling case forward for how and why this can be achieved.
Detail Book of Modernizing VATs in Africa PDF
- Author : Sijbren Cnossen
- Release : 12 July 2019
- Publisher : Oxford University Press
- ISBN : 9780192582362
- Genre : Business & Economics
- Total Page : 400 pages
- Language : English
- PDF File Size : 17,5 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Modernizing VATs in Africa by Sijbren Cnossen, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.
