Immovable property under VAT

"The ideal value-added tax (VAT) would carry an economic efficiency ration of 100 as, in theory, VAT should not be susceptible to exemptions and rate variations. However, practical reality tells a different story, and it will come as no surprise to learn that the VAT systems of almost all countries remain far from the benchmark, and that this is particularly the case when VAT is applied to real estate. This book d Describes and analyses VAT treatment of real estate transactions in six representative countries: Australia, Canada, Germany, Japan, Mexico, and the United Kingdom. As in any jurisdiction, the VAT schemes covered must accommodate complex factual matrices that demand consistent, fair, and equal treatment"--Jacket.

Year

2011

Language

English

Series

Series on international taxation -- v. 37

Publisher

Wolters Kluwer Law & Business

Editions

1

Pages

295

ISBN

9789041131263

Data source: Wikidata