Tag Archives: Services

The Relevance of Implementing Value Added Tax Or VAT on Goods and Services

Economists in the government had come up with a good way of funding the biggest deficit in the history of United States, and that is through value added tax, shortened to VAT, which is also called national sales tax. Advocates … Continue reading

Posted in Uncategorized | Tagged , , , | Comments Off

Economic and Social Implications of Goods and Services Tax

The overwhelming majority of product and service transactions in Australia are subjected to a 10% value-added tax called Goods and Services Tax (GST). Introduced by the Australian Howard Government in July 2000, the tax has effectively replaced the former Federal … Continue reading

Posted in Uncategorized | Tagged , , , | Comments Off