A report on Value-added tax

Map of countries and territories by their VAT status
A Belgian VAT receipt
Without any tax
With a 10% sales tax
With a 10% VAT
A supply-demand analysis of a taxed market
Standard VAT or sales tax rate
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.
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).

Type of tax that is assessed incrementally.

- Value-added tax
Map of countries and territories by their VAT status

17 related topics with Alpha

Overall
Total revenue from direct and indirect taxes given as share of GDP in 2017

Tax

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Compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.

Compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.

Total revenue from direct and indirect taxes given as share of GDP in 2017
Pieter Brueghel the Younger, The tax collector's office, 1640
Substitution effect and income effect with a taxation on y good.
Budget's constraint shift after an introduction of a lump sum tax or a general tax on consumption or a proportional income 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.
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.
Egyptian peasants seized for non-payment of taxes. (Pyramid Age)
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.
Diagram illustrating deadweight costs of taxes

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.

Federal Sales Taxes

Sales tax

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Tax paid to a governing body for the sales of certain goods and services.

Tax paid to a governing body for the sales of certain goods and services.

Federal Sales Taxes
Cash register receipt showing sales tax of 8.5%

A value-added tax (VAT) collected on goods and services is related to a sales tax.

Consumption tax

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Tax levied on consumption spending on goods and services.

Tax levied on consumption spending on goods and services.

Consumption taxes are usually indirect, such as a sales tax or a value-added tax.

Flat tax

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Tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base.

Tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base.

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.

Trends in Tax Structures in OECD Countries

Indirect tax

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Trends in Tax Structures in OECD Countries
Tax structure per OECD country in 2018.
General government revenue, in % of GDP, from indirect taxes. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 0 % by tax revenue.

An indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST), excise, consumption tax, tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service purchased.

Harmonized sales tax

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Consumption tax in Canada.

Consumption tax in Canada.

It is used in provinces where both the federal goods and services tax (GST) and the regional provincial sales tax (PST) have been combined into a single value added sales tax.

Carousel fraud, explained by the Dutch State

Missing trader fraud

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Carousel fraud, explained by the Dutch State

Missing trader fraud (also called missing trader intra-community fraud or MTIC fraud) involves the theft of Value Added Tax (VAT) from a government by fraudsters who exploit VAT rules, most commonly the European Union VAT rules which provide that the movement of goods between member states is VAT-free.

EU VAT Tax Rates

European Union value added tax

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EU VAT Tax Rates
VAT standard rate in European countries

The European Union value-added tax (or EU VAT) is a value added tax on goods and services within the European Union (EU).

Maurice Lauré

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Maurice Lauré (24 November 1917 - 20 April 2001) is primarily known for creating the taxe sur la valeur ajoutée (TVA in French, otherwise known as value added tax (VAT) in English).

United Arab Emirates

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Country in Western Asia (The Middle East).

Country in Western Asia (The Middle East).

2nd century BCE era jar found in Mleiha Archaeological site in Sharjah.
A painting of the Portuguese Empire Doba Fortress in Dibba Al-Hisn in 1620.
Purple – Portuguese in the Persian Gulf in the 16th and 17th century. Main cities, ports and routes.
A painting depicting the burning of the coastal town and port of Emirate of Ras Al Khaimah during the Persian Gulf campaign of 1809.
Dhayah Fort at the hill top. In 1819 it was the last Al-Qasimi stronghold to fall in the Persian Gulf campaign of 1819. The fall of Dhayah was to pave the way for the signing of the General Maritime Treaty of 1820.
Dubai in 1950; the area in this photo shows Bur Dubai in the foreground (centered on Al-Fahidi Fort); Deira in middle-right on the other side of the creek; and Al Shindagha (left) and Al Ras (right) in the background across the creek again from Deira
Historic photo depicting the first hoisting of the United Arab Emirates flag by the rulers of the emirates at The Union House, Dubai on 2 December 1971
Zayed bin Sultan Al Nahyan was the first President of the United Arab Emirates and is recognised as the father of the nation.
View of Dubai
Satellite image of United Arab Emirates
Roads leading to Jebel Jais, the highest mountain in the UAE (1,892 m), in Ras Al Khaimah.
Acacia trees growing in desert suburbs near Fujairah
Entrance to Qasr Al Watan, the presidential palace in Abu Dhabi.
Emirati Minister of Foreign Affairs Abdullah bin Zayed Al Nahyan (furthest right) at the signing of the Abraham Accords.
United Arab Emirates Air Force F-16 Block 60 "Desert Falcon", taking off from the Lockheed Martin plant in Fort Worth, Texas.
Dubai Police helicopter flying at sunset.
A man pictured with alcoholic beverages in Dubai. Alcoholic beverages were not widely available in the UAE before 2020
Dubai Police super-car motorcade at Jumeirah Road
Protest against the Saudi Arabian-led intervention in Yemen, March 2018
Two south Asian blue-collar workers posing for a picture with Burj Khalifa on the background.
Dubai construction workers having lunch break.
Dubai Media City is home to diverse news and tech companies.
Burj Khalifa is the tallest human-made structure in the world.
Abu Dhabi skyline
A proportional representation of United Arab Emirates exports, 2019
Dubai Marina Skyline
Ruwais Refinery is the fourth-largest single-site oil refinery in the world and the biggest in the Middle East.
Dubai Marina Beach
E 311, one of major roads in the UAE.
A Dubai Metro train. Dubai Metro is the Arabian peninsula's first rapid transit system and was the world's longest driverless metro network until 2016.
An Emirati folk dance, the women flip their hair sideways in brightly coloured traditional dress.
A band performs Yowlah in an Emirati wedding. Yowlah is a cultural dance derived from Arab tribes sword battles.
Arabic coffee with lugaimat; a traditional Emirati sweet.
Yas Marina Circuit in Abu Dhabi
Zayed Sports City Stadium in Abu Dhabi.
Sheikh Zayed Cricket Stadium in Abu Dhabi
University City Hall is the largest hall located in University City in Sharjah. Graduation ceremonies of American University of Sharjah, University of Sharjah, and Higher Colleges of Technology are notably held here.
Abu Dhabi University
Residential villas in the Palm Jumeirah palm fronds in Dubai.
Sheikh Zayed Mosque in Abu Dhabi.

The government does not levy income tax, although there is a corporate tax in place and a 5% value-added tax was established in 2018.