In this paper, the authors describe South Africa's value added tax (VAT), showing that (1) the VAT is mildly regressive, and (2) it is an effective source of government revenue, compared with other tax instruments in South Africa. They evaluate the VAT in the context of other distortions in the economy by computing the marginal cost of funds-the effect of raising government revenue by increasing the VAT rates on household welfare. Then they evaluate...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2005/08/01
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Рабочий документ в рамках исследования вопросов политики
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WPS3671
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1
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1
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2010/07/01
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Disclosed
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An Analysis of South Africa's Value Added Tax
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government revenue