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Development of a value added tax in Colombia (Inglés)

The paper describes the development of a value added tax (VAT) to suit Colombia's need, as well as the major problems with the administration and structure of this tax and changes in it during the 1983-84 Tax Reform. The paper presents guidelines for the effective coordination of the VAT with other taxes, and for planning and administering the VAT in economies with a significant foreign trade sector. It also provides a framework for deciding on the...
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