Peters, Amos C and Bristol, Marlon A (2006): VAT: Is it Suitable for the Caribbean Community? Forthcoming in: Social and Economic Studies
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The Caribbean Community is in transition, moving toward a liberalized trade environment with low tariffs. Tax reform is at the forefront of the policy response since traditional sources of tax revenue such as import duties are on the decline. This paper evaluates the suitability of the VAT to countries of the Caribbean Community. We examine theoretical arguments, practical experiences of the Caribbean with the VAT and the economic and tax characteristics of the Caribbean. We conclude by supporting VAT implementation in the Caribbean Community. This paper also reflects a comprehensive survey of tax reform efforts in the Caribbean.
|Item Type:||MPRA Paper|
|Original Title:||VAT: Is it Suitable for the Caribbean Community?|
|Keywords:||Value Added Tax; Caribbean Community|
|Subjects:||H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H21 - Efficiency ; Optimal Taxation
H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H27 - Other Sources of Revenue
H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H20 - General
H - Public Economics > H2 - Taxation, Subsidies, and Revenue
|Depositing User:||Amos Carl Peters|
|Date Deposited:||20. Sep 2006|
|Last Modified:||12. Feb 2013 02:21|
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