Zaman, Nadeem Uz and Ghutai, Gul and Zaidi, Syed Raza Irfan Shah (2012): The implication of the value added tax in Pakistan: administration, experiences and fears.
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Since its first imposition in France, the value added taxation has become so popular that except USA there is no other country left that does not have VAT in use. Pakistan has fulfilled its international obligation to replace its sales tax with VAT by the year 2010. This paper examines the available literature and reflects as to how successfully the country has implemented the new taxation, what has it experienced in its efforts in the replacement of sales tax and the fear relating to VAT that still remain unaddressed. It was found that the country has, as a whole, very successfully implemented the new taxation in terms of economic gains and costs to the government. Nonetheless, it is feared that the social aspects relating thereto are altogether ignored and thus this replacement is not socially optimal.
|Item Type:||MPRA Paper|
|Original Title:||The implication of the value added tax in Pakistan: administration, experiences and fears|
|English Title:||The implication of the value added tax in Pakistan: administration, experiences and fears|
|Keywords:||Value Added Tax; Pakistan; experiences; fears; economic gains and costs; social cost|
|Subjects:||E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook > E62 - Fiscal Policy
F - International Economics > F5 - International Relations and International Political Economy > F59 - Other
G - Financial Economics > G3 - Corporate Finance and Governance > G38 - Government Policy and Regulation
|Depositing User:||Nadeem Uz Zaman|
|Date Deposited:||07. Mar 2012 19:15|
|Last Modified:||12. Feb 2013 14:03|
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