{"product_id":"modernizing-vats-in-africa-9780198844075","title":"Modernizing Vats in Africa","description":"Most African countries are in dire need of more tax revenue. In 28 out of 45 countries with a value-added tax (VAT), total tax revenue as a percentage of GDP is around 15% or less, falling short of what is necessary to finance basic human and economic development. Far from being\u003cbr\u003erevenue-raising instruments, current African VATs are riddled with exemptions, exclusions, and zero rates on domestic goods and services that depress revenue, are highly distortionary, and greatly complicate the administration of VAT. \u003cp\u003e\u003c\/p\u003e\u003cem\u003eModernizing VATs in Africa\u003c\/em\u003e enables policymakers, professionals, and students to analyse African tax systems to ascertain how they can be modernized. It explains the case for VAT base-broadening over rate-increasing, arguing that exemptions and zero rates mainly accrue benefits for higher-income\u003cbr\u003egroups. Even more persuasively, it demonstrates that the net result of fiscal systems can be equalizing if the revenue of broad-based VATs is used to finance in-kind transfers, such as healthcare and education. VAT modernization should be used to enable governments to finance development;\u003cbr\u003e\u003cem\u003eModernizing VATs in Africa\u003c\/em\u003e puts a compelling case forward for how and why this can be achieved.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Sijbren Cnossen\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press, USA\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/16\/2019\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 368\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.50lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.30w x 1.10d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780198844075\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eSijbren Cnossen, \u003cem\u003eProfessor of Economics, University of Pretoria, South Africa, and Academic Partner, CPB Netherlands Bureau for Economic Policy Analysis, The Netherlands\u003c\/em\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eSijbren Cnossen is Professor of Economics at the University of Pretoria and Academic Partner of CPB Netherlands Bureau for Economic Policy Analysis. He is Professor Emeritus of Economics of the University of Maastricht and Professor Emeritus of Tax Law of Erasmus University Rotterdam. Prof Cnossen\u003cbr\u003epreviously occupied the Henry Shattuck Chair at the Law School of Harvard University and the Global Law Chair at the University of New York. He has advised many countries on the design of their tax systems under the auspices of the IMF, the World Bank, USAID, OECD, EU Commission, HIID, and GTZ. He\u003cbr\u003ehas published numerous books and articles on the effects of taxation and on tax policy, including issues pertaining to tax coordination, income and corporation taxes, value- added tax, and excise duties.\u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Oxford University Press, USA","offers":[{"title":"Hardcover","offer_id":39937634893939,"sku":"9.7802E+12","price":96.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_3e906f16-2f59-4b11-a7ce-fbf8acb44014.jpg?v=1647994597","url":"https:\/\/bookstorenmore.com\/en-de\/products\/modernizing-vats-in-africa-9780198844075","provider":"Bookstore N More","version":"1.0","type":"link"}