Value-Added Tax. Answer the following questions: a. Compare sales tax to value-added tax. b. Sales taxes and

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Value-Added Tax. Answer the following questions:

a. Compare sales tax to value-added tax.

b. Sales taxes and VAT are a major source of fiscal revenue, reaping more proceeds in developed nations in comparison to emerging economies. What are the factors that make countries levy different levels of these taxes?

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Multinational Business Finance

ISBN: 9781292270081

15th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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