Introducing the Value-Added Tax : Considerations for Implementation

Successfully implementing a value-added tax (VAT) system is complex and must be approached strategically and realistically in order to maximize company participation, create an efficient filing and audit administration, and encourage private sector...

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Main Author:	Tadros, Farid
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING ADDED TAX ADDED TAXES ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE CAPACITY ADVISORY SERVICE ADVISORY SERVICES AUDITS BUSINESS ASSOCIATIONS BUSINESS ENABLING BUSINESS ENABLING ENVIRONMENT BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS CASH FLOW COMPLIANCE COST COMPLIANCE COSTS CONSUMER CONSUMPTION TAX CONTRIBUTIONS CORRUPTION CREDITS CRITICAL MASS DEVELOPING COUNTRIES DONOR INVESTMENT ECONOMIC GROWTH ENABLING ENVIRONMENT EXPORTERS FINANCE CORPORATION FOREIGN INVESTMENT GOVERNMENT REVENUE GUARANTEE AGENCY INCOME INCOME TAX INDIVIDUAL FIRM INSTRUMENT INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CLIMATE LEARNING CURVE LIABILITY MICRO-ENTERPRISES MONETARY FUND PAYMENT SYSTEM POLITICAL ECONOMY PRIVATE SECTOR GROWTH PURCHASES RETURNS SALE SALES SMALL BUSINESSES SMALLER FIRMS STAKEHOLDERS STATE UNIVERSITY SUPPLY CHAIN SUPPLY CHAINS TAX TAX BASE TAX BURDEN TAX COLLECTION TAX LAW TAX LAWS TAX LIABILITY TAX REFORM TAX REGIMES TAX REVENUE TAX SYSTEM TAX SYSTEMS TAXATION TAXPAYERS TRANSACTION TRANSITION ECONOMIES TRANSPARENCY TURNOVER TURNOVER TAX VALUE ADDED TAX VALUE ADDED TAXES WITHHOLDING TAX WORKING CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2009/04/10501450/introducing-value-added-tax-considerations-implementation http://hdl.handle.net/10986/10565

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spelling	okr-10986-105652021-04-23T14:02:51Z Introducing the Value-Added Tax : Considerations for Implementation Tadros, Farid ACCOUNTING ADDED TAX ADDED TAXES ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE CAPACITY ADVISORY SERVICE ADVISORY SERVICES AUDITS BUSINESS ASSOCIATIONS BUSINESS ENABLING BUSINESS ENABLING ENVIRONMENT BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS CASH FLOW COMPLIANCE COST COMPLIANCE COSTS CONSUMER CONSUMPTION TAX CONTRIBUTIONS CORRUPTION CREDITS CRITICAL MASS DEVELOPING COUNTRIES DONOR INVESTMENT ECONOMIC GROWTH ENABLING ENVIRONMENT EXPORTERS FINANCE CORPORATION FOREIGN INVESTMENT GOVERNMENT REVENUE GUARANTEE AGENCY INCOME INCOME TAX INDIVIDUAL FIRM INSTRUMENT INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CLIMATE LEARNING CURVE LIABILITY MICRO-ENTERPRISES MONETARY FUND PAYMENT SYSTEM POLITICAL ECONOMY PRIVATE SECTOR GROWTH PURCHASES RETURNS SALE SALES SMALL BUSINESSES SMALLER FIRMS STAKEHOLDERS STATE UNIVERSITY SUPPLY CHAIN SUPPLY CHAINS TAX TAX BASE TAX BURDEN TAX COLLECTION TAX LAW TAX LAWS TAX LIABILITY TAX REFORM TAX REGIMES TAX REVENUE TAX SYSTEM TAX SYSTEMS TAXATION TAXPAYERS TRANSACTION TRANSITION ECONOMIES TRANSPARENCY TURNOVER TURNOVER TAX VALUE ADDED TAX VALUE ADDED TAXES WITHHOLDING TAX WORKING CAPITAL Successfully implementing a value-added tax (VAT) system is complex and must be approached strategically and realistically in order to maximize company participation, create an efficient filing and audit administration, and encourage private sector growth. The active involvement of both the government and the private sector is essential to delivering sustainable results. This note presents the fundamentals of the VAT: how it works, the challenges of introducing it, a menu of good practice options, and lessons learned for implementation. 2012-08-13T12:05:20Z 2012-08-13T12:05:20Z 2009-04 http://documents.worldbank.org/curated/en/2009/04/10501450/introducing-value-added-tax-considerations-implementation http://hdl.handle.net/10986/10565 English Investment Climate in Practice; No. 4 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNTING ADDED TAX ADDED TAXES ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE CAPACITY ADVISORY SERVICE ADVISORY SERVICES AUDITS BUSINESS ASSOCIATIONS BUSINESS ENABLING BUSINESS ENABLING ENVIRONMENT BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS CASH FLOW COMPLIANCE COST COMPLIANCE COSTS CONSUMER CONSUMPTION TAX CONTRIBUTIONS CORRUPTION CREDITS CRITICAL MASS DEVELOPING COUNTRIES DONOR INVESTMENT ECONOMIC GROWTH ENABLING ENVIRONMENT EXPORTERS FINANCE CORPORATION FOREIGN INVESTMENT GOVERNMENT REVENUE GUARANTEE AGENCY INCOME INCOME TAX INDIVIDUAL FIRM INSTRUMENT INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CLIMATE LEARNING CURVE LIABILITY MICRO-ENTERPRISES MONETARY FUND PAYMENT SYSTEM POLITICAL ECONOMY PRIVATE SECTOR GROWTH PURCHASES RETURNS SALE SALES SMALL BUSINESSES SMALLER FIRMS STAKEHOLDERS STATE UNIVERSITY SUPPLY CHAIN SUPPLY CHAINS TAX TAX BASE TAX BURDEN TAX COLLECTION TAX LAW TAX LAWS TAX LIABILITY TAX REFORM TAX REGIMES TAX REVENUE TAX SYSTEM TAX SYSTEMS TAXATION TAXPAYERS TRANSACTION TRANSITION ECONOMIES TRANSPARENCY TURNOVER TURNOVER TAX VALUE ADDED TAX VALUE ADDED TAXES WITHHOLDING TAX WORKING CAPITAL
spellingShingle	ACCOUNTING ADDED TAX ADDED TAXES ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE CAPACITY ADVISORY SERVICE ADVISORY SERVICES AUDITS BUSINESS ASSOCIATIONS BUSINESS ENABLING BUSINESS ENABLING ENVIRONMENT BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS CASH FLOW COMPLIANCE COST COMPLIANCE COSTS CONSUMER CONSUMPTION TAX CONTRIBUTIONS CORRUPTION CREDITS CRITICAL MASS DEVELOPING COUNTRIES DONOR INVESTMENT ECONOMIC GROWTH ENABLING ENVIRONMENT EXPORTERS FINANCE CORPORATION FOREIGN INVESTMENT GOVERNMENT REVENUE GUARANTEE AGENCY INCOME INCOME TAX INDIVIDUAL FIRM INSTRUMENT INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CLIMATE LEARNING CURVE LIABILITY MICRO-ENTERPRISES MONETARY FUND PAYMENT SYSTEM POLITICAL ECONOMY PRIVATE SECTOR GROWTH PURCHASES RETURNS SALE SALES SMALL BUSINESSES SMALLER FIRMS STAKEHOLDERS STATE UNIVERSITY SUPPLY CHAIN SUPPLY CHAINS TAX TAX BASE TAX BURDEN TAX COLLECTION TAX LAW TAX LAWS TAX LIABILITY TAX REFORM TAX REGIMES TAX REVENUE TAX SYSTEM TAX SYSTEMS TAXATION TAXPAYERS TRANSACTION TRANSITION ECONOMIES TRANSPARENCY TURNOVER TURNOVER TAX VALUE ADDED TAX VALUE ADDED TAXES WITHHOLDING TAX WORKING CAPITAL Tadros, Farid Introducing the Value-Added Tax : Considerations for Implementation
relation	Investment Climate in Practice; No. 4
description	Successfully implementing a value-added tax (VAT) system is complex and must be approached strategically and realistically in order to maximize company participation, create an efficient filing and audit administration, and encourage private sector growth. The active involvement of both the government and the private sector is essential to delivering sustainable results. This note presents the fundamentals of the VAT: how it works, the challenges of introducing it, a menu of good practice options, and lessons learned for implementation.
format	Publications & Research :: Brief
author	Tadros, Farid
author_facet	Tadros, Farid
author_sort	Tadros, Farid
title	Introducing the Value-Added Tax : Considerations for Implementation
title_short	Introducing the Value-Added Tax : Considerations for Implementation
title_full	Introducing the Value-Added Tax : Considerations for Implementation
title_fullStr	Introducing the Value-Added Tax : Considerations for Implementation
title_full_unstemmed	Introducing the Value-Added Tax : Considerations for Implementation
title_sort	introducing the value-added tax : considerations for implementation
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2009/04/10501450/introducing-value-added-tax-considerations-implementation http://hdl.handle.net/10986/10565
_version_	1764413561465995264

Introducing the Value-Added Tax : Considerations for Implementation

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