Value-Added Tax (VAT) Development and Reform History—A Study of VAT Evolution Around the World and in China

• Published in: Frontiers of law in China Vol. 17; no. 3; pp. 440 - 455
• Main Author: Tianlong, Hu
• Format: Journal Article
• Language: English
• Published: Higher Education Press 01.09.2022; Higher Education Press Limited Company
• Subjects: China; Economic development; Economic incentives; Electronic commerce; Neutrality; New Zealand; Tax law; Value-added Tax (VAT), turnover tax, digital economy, e-commerce; New Zealand; China

Value-added Tax (VAT), a turnover tax levied on the value appreciated in commodities production, circulation and sale, has been widely practiced by economies worldwide for its neutrality. From the international perspective, European Union VAT and New Zealand VAT stand out as characteristic models of...