Tax Policy: Tax-Credit and Subtraction Methods of Calculating a Value-Added Tax
GGD-89-87
Published: Jun 20, 1989. Publicly Released: Jun 20, 1989.
Skip to Highlights
Highlights
Pursuant to a legislative requirement, GAO provided information on how choosing a method for calculating tax liability influences the ability of the tax to respond to various tax policy goals, focusing on: (1) maintaining international competitiveness; (2) offsetting the burden of the tax on the poor; and (3) compliance and administrative costs.
Full Report
Office of Public Affairs
Topics
Administrative costsBudget deficitFiscal policiesInternational tradeSmall business assistanceTax administrationTax creditValue-added taxesTaxesTax base