What are the advantages and disadvantages of the various national accounts type bases (e.g., turnover or total
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What are the advantages and disadvantages of the various “national accounts” type bases (e.g., turnover or total transactions, gross domestic product, net product or income, or consumption)? If you assume both a comprehensive base and a single rate of tax, what are the implications of each of these bases for each of the following often mentioned goals of tax policy: revenue, computational simplicity, economic neutrality, income distribution, stabilization of prices, promotion of exports, and the supply of cross-checking information for administrative purposes?
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lets break down the advantages and disadvantages of various national accounts type bases in the context of tax policy goals Turnover or Total Transact...View the full answer
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Rustia Melrod
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Related Book For 
Value Added Tax A Comparative Approach
ISBN: 9780521616560
1st Edition
Authors: Alan Schenk, Oliver Oldman
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