Additional value-added tax rebates for exporters are also likely, given that textile exporters have already received them.
By the analysis of the influence of value-added tax on economic increase, the article draws the conclusion that it is very necessary to change value-added tax system of production into value-added tax system of consumption which has little influence on economy.
The current value-added tax system of production of our country has already held up the economic growth to some extent.
His main economic initiative aims to simplify an incredibly cumbersome system of state-based sales taxes, laying the groundwork for a national value-added tax.
Much of its recent rise is driven by what are clearly one-off factors, from weak Russian harvests that sent grain prices soaring to the rise in value-added tax in Britain.
