The value-added tax of the Philippines
| dc.contributor.author | Sanchez, Joseph Vincent | |
| dc.contributor.author | Pedrosa, Pio Gabriel | |
| dc.date.accessioned | 2024-12-12T05:51:52Z | |
| dc.date.available | 2024-12-12T05:51:52Z | |
| dc.date.issued | 1988-09-22 | |
| dc.description.abstract | Even before January 1, 1988, the value-added tax reform program received much attention from the different sector of society, from concerned businessmen to congressmen and senators to government employees to even students. Its constitutionality was questioned, its consequences feared, and resulting effects played up by the media. What the VAT is not actually new, nor is it something to be despised. This paper first talks about the many reasons for its inception. Various terms are defined to hasten the understanding and appreciation of the paper. The technical aspect is also discussed, accompanied by brief explanations as to their use. The second part sights two VAT-using countries: the United Kingdom and the Netherlands with application and various economic effects of the VAT. The third part narrates the mixed reactions of the public, businesses and government to the new system. The fourth part discusses the problems encountered in implementation and administration followed by a defense of the VAT, explanations and recommendations for improvements in the system. | |
| dc.identifier.uri | https://selib.upd.edu.ph/etdir/handle/123456789/3705 | |
| dc.language.iso | en | |
| dc.subject | Value added tax | |
| dc.subject | Tax | |
| dc.subject | Tax policy | |
| dc.subject | Tax reform | |
| dc.subject | Financial industry | |
| dc.title | The value-added tax of the Philippines | |
| dc.type | Thesis |