A report on Flat taxTax and Value-added tax

Total revenue from direct and indirect taxes given as share of GDP in 2017
Map of countries and territories by their VAT status
Pieter Brueghel the Younger, The tax collector's office, 1640
A Belgian VAT receipt
Substitution effect and income effect with a taxation on y good.
Without any tax
Budget's constraint shift after an introduction of a lump sum tax or a general tax on consumption or a proportional income tax.
With a 10% sales tax
The Laffer curve. In this case, the critical point is at a tax rate of 70%. Revenue increases until this peak, then it starts decreasing.
With a 10% VAT
General government revenue, in % of GDP, from social contributions. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 20% by social contributions revenue.
A supply-demand analysis of a taxed market
Egyptian peasants seized for non-payment of taxes. (Pyramid Age)
Standard VAT or sales tax rate
Public finance revenue from taxes in % of GDP. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 32% by tax revenue.
General government revenue, in % of GDP, from VAT. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 3% by tax revenue.
Diagram illustrating deadweight costs of taxes
EU VAT Tax Rates
4 May 2010 "Campaña no más IVA" in Spain
National VAT act as a tariff on imports and their exports are exempt from VAT (zero-rated).

A flat tax (short for flat-rate tax) is a tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base.

- Flat tax

A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally.

- Value-added tax

Some levy a flat percentage rate of taxation on personal annual income, but most scale taxes are progressive based on brackets of annual income amounts.

- Tax

A VAT is usually a flat tax.

- Value-added tax

Since governments also resolve commercial disputes, especially in countries with common law, similar arguments are sometimes used to justify a sales tax or value added tax.

- Tax

Taxation systems such as a sales tax or value added tax can remove the tax component when goods are exported and apply the tax component on imports.

- Flat tax
Total revenue from direct and indirect taxes given as share of GDP in 2017

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