Economics Dictionary of ArgumentsHome
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| Value-added Tax - Economics Dictionary of Arguments | |||
| Value-added tax: A value-added tax (VAT) is a consumption tax levied at each stage of the production and distribution chain. It's based on the value added to a product or service at each stage of production. Businesses collect the tax from consumers on behalf of the government, making it a significant revenue source while minimizing tax evasion due to its incremental collection process. See also Taxation._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Saez, Emmanuel | Value-added Tax | Saez, Emmanuel | |
| Zucman, Gabriel | Value-added Tax | Zucman, Gabriel | |
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Ed. Martin Schulz, access date 2025-01-16 | |||
