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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.
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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.

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Administrative costsBudget deficitFiscal policiesInternational tradeSmall business assistanceTax administrationTax creditValue-added taxesTaxesTax base