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Modernizing VATs in Africa
«This is a rich and deep book on a messy topic: the state of real VATs in Africa, and what must be done to improve their design, operation, revenue yield and, ultimately, their political acceptance. My discussion of unaddressed question aims to broaden the narrative around VAT reform rather than criticize. Anyone interested in taxation and revenue mobilization in Africa and anywhere in the developing world should read the book. The same goes for anyone involved in attempts to launch a new VAT or improve any existing VAT.»
Pierre-Pascal Gendron, Australian Tax Reform
Most African countries are in dire need of more tax revenue. In 28 out of 45 countries with a value-added tax (VAT), total tax revenue as a percentage of GDP is around 15% or less, falling short of what is necessary to finance basic human and economic development. Les mer
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Most African countries are in dire need of more tax revenue. In 28 out of 45 countries with a value-added tax (VAT), total tax revenue as a percentage of GDP is around 15% or less, falling short of what is necessary to finance basic human and economic development. Far from being revenue-raising instruments, current African VATs are riddled with exemptions, exclusions, and zero rates on domestic goods and services that depress revenue, are highly distortionary, and
greatly complicate the administration of VAT.
Modernizing VATs in Africa enables policymakers, professionals, and students to analyse African tax systems to ascertain how they can be modernized. It explains the case for VAT base-broadening over rate-increasing, arguing that exemptions and zero rates mainly accrue benefits for higher-income groups. Even more persuasively, it demonstrates that the net result of fiscal systems can be equalizing if the revenue of broad-based VATs is used to finance in-kind transfers, such as
healthcare and education. VAT modernization should be used to enable governments to finance development; Modernizing VATs in Africa puts a compelling case forward for how and why this can be achieved.
greatly complicate the administration of VAT.
Modernizing VATs in Africa enables policymakers, professionals, and students to analyse African tax systems to ascertain how they can be modernized. It explains the case for VAT base-broadening over rate-increasing, arguing that exemptions and zero rates mainly accrue benefits for higher-income groups. Even more persuasively, it demonstrates that the net result of fiscal systems can be equalizing if the revenue of broad-based VATs is used to finance in-kind transfers, such as
healthcare and education. VAT modernization should be used to enable governments to finance development; Modernizing VATs in Africa puts a compelling case forward for how and why this can be achieved.
Detaljer
- Forlag
- Oxford University Press
- Innbinding
- Innbundet
- Språk
- Engelsk
- ISBN
- 9780198844075
- Utgivelsesår
- 2019
- Format
- 24 x 16 cm
Anmeldelser
«This is a rich and deep book on a messy topic: the state of real VATs in Africa, and what must be done to improve their design, operation, revenue yield and, ultimately, their political acceptance. My discussion of unaddressed question aims to broaden the narrative around VAT reform rather than criticize. Anyone interested in taxation and revenue mobilization in Africa and anywhere in the developing world should read the book. The same goes for anyone involved in attempts to launch a new VAT or improve any existing VAT.»
Pierre-Pascal Gendron, Australian Tax Reform
«What is discussed...is discussed very well indeed. Anyone concerned with improving domestic resource mobilization in Africa should read this book...»
Richard M. Bord, University of Toronto, The Developing Economies
«In a time of ever more pressing domestic revenue needs in Africa, this rich and accessible book provides an extremely valuable and timely contribution to understanding the key challenges and opportunities of VAT. As one of the world's leading experts, Cnossen convincingly and clearly describes how progress can and should be made, building on sound principles, a wealth of data analytics, and deep knowledge of best VAT practices in Africa. A must-read for everyone involved in the UN Sustainable Development Goals.»
Ruud de Mooij, Chief, Tax Policy, Fiscal Affairs Department, International Monetary Fund
«This book is a must-read for everyone interested in tax policy and tax administration. The author has managed to condense his lifelong experience in the area of consumption-based taxes and trade and fiscal policy into a publication that oozes wisdom and valuable advice. Implementing sound tax policy on a consistent basis that straddles different political dispensations (and ideologies) is not an easy task but is vital to ensure inclusive growth and reductions in income and wealth inequalities in both developed and developing countries. This book is a comprehensive discussion of the theory and practices of consumption-based taxation and the trade-offs that might be required.»
Cecil H Morden, former Chief Director, Economic Tax Analysis at the National Treasury of South Afric
«The question three decades ago was Africa's capacity to introduce a modern VAT. I learned its lesson the hard way as VAT Program Coordinator in Ghana: we introduced VAT, retreated, and followed with a successful relaunch. As former Finance Minister and consultant, I see many current VAT regime distortions underway. Prof Cnossen, a pioneer among the experts who helped to drive the change, reminds us to consider refining our VAT regimes for the better.»
Seth Terkper, former Minister of Finance of Ghana
«Modernizing VATs in Africa is a remarkable treatise on VAT from a revered tax scholar and policy advisor. Although the book focuses on VAT policy and design issues in an African context, the authoritative and accessible manner in which the case for the best-practice VAT is argued - with references to African as well as non-African countries - suggests that it belongs on the shelves of all VAT scholars, policy makers and administrators.»
Riël Franzsen, Director, African Tax Institute