Code: 15373593

Value Added Tax (VAT): Its Implementation and Implications

Name: Value Added Tax (VAT): Its Implementation and Implications
Brand: LAP Lambert Academic Publishing
SKU: 15373593
Price: 44.37 EUR
Availability: InStock
Author: Sanish Maharjan
ISBN: 9783659963063

by Sanish Maharjan

Language: English
Binding: Paperback
Number of pages: 116
Publisher: LAP Lambert Academic Publishing, 2016
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Book synopsis

VAT is the most important innovation of the 20th century. It is a scientific tax system, which was first introduced in 1954 A.D. in France. It has been spreading all over the 1960's and now this tax has become one of the mainstays of the tax system in over 145 countries. In Nepal VAT has come into consideration to replace of old indirect taxes. It was introduced on 16th November, 1997. As VAT is less distortive and more revenue-productive, it has been spreading all over the world.