Value Added Tax: A Comparative Approach (Cambridge Tax Law Series)

Synopsis

This Book Integrates Legal, Economic, And Administrative Materials About The Value Added Tax (vat) To Present The Only Comparative Approach To The Study Of Vat Law. The Comparative Presentation Of This Volume Offers An Analysis Of Policy Issues Relating To Tax Structure And Tax Base As Well As Insights Into How Cases Arising Out Of Vat Disputes Have Been Resolved. Its Principal Purpose Is To Provide Comprehensive Teaching Tools - Laws, Cases, Analytical Exercises, And Questions Drawn From The Experience Of Countries And Organizations Around The World. This Second Edition Includes New Vat-related Developments In Europe, Asia, Africa, And Australia And Adds New Chapters On Vat Avoidance And Evasion And On China's Vat. Designed To Illustrate, Analyze, And Explain The Principal Theoretical And Operating Features Of Value Added Taxes, Including Their Adoption And Implementation, This Book Will Be An Invaluable Resource For Tax Practitioners And Government Officials-- Introduction -- Consumption Tax Forms And Base Alterations -- Varieties Of Vat In Use -- Registration, Taxpayer, And Taxable Activity -- Taxable Supplies And Tax Invoices -- The Tax Credit Mechanism -- Introduction To Cross-border Aspects Of Vat -- Timing And Valuation Rules -- Zero-rating , Exemptions, And Exempt Entities -- Vat Evasion And Avoidance -- Gambling And Financial Services (other Than Insurance) -- Insurance -- Real Property -- An Anatomy Of The Chinese Vat -- Interjurisdictional Aspects. Alan Schenk, Wayne State University School Of Law; Victor Thuronyi, International Monetary Fund Legal Department (retired); Wei Cui, University Of British Columbia, Faculty Of Law. Includes Bibliographical References And Index.