In which country VAT was introduced first time in the world?
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In which country VAT was introduced first time in the world?
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Taxation: incidence and efficiency has come up 79 times in 7 exams since 2009.
This question is on Value-added tax, sales tax and tax reform, part of Taxation: incidence and efficiency in Public Economics.
How VAT differs from a sales tax, and the reforms that moved systems towards it.
TestStop has 6 past-paper questions on this subtopic.
Question from the UoH 2016 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.