OVERVIEW OF GENERAL TURNOVER TAXES AND TAX RATES

Journal
Annacondia, F.; Corput, W. van der
International VAT Monitor 2004 (Volume 15), No. 2
PriceUSD 45

Most countries apply a general turnover tax, i.e. a tax on essentially all goods and services supplied by manufacturers, traders and service providers. Those turnover taxes are levied under a VAT type of tax system or as a single-stage (retail) tax. The green pull-out section presents an overview of those turnover taxes and the tax rates applicable on 1 January 2004.