A VAT has been CHOSEN OVER SIMPLE SALES TAX since, again on the basis of international experience, its built-in system of checks and balances makes it less prone to fraud and evasion. AS PART OF A BROADER REFORM OF OUR TAX SYSTEM, the VAT COMBINED WITH LOWER IMPORT DUTIES AND EXCISE TAXES, will also LEAD TO FAIRER TAXATION under which the segments of society that spend a large share of their incomes on services will now pay taxes on those services.~Rt. Hon. Perry Christie
Posted on: Fri, 21 Mar 2014 14:06:54 +0000
Trending Topics
Recently Viewed Topics
© 2015