{"product_id":"9782879747880","title":"VAT Neutrality","description":"\u003cp\u003eMost major economies use a value added tax (VAT) which is a derivation of the French 1954 \u003cem\u003etaxe sur la valeur ajoutée\u003c\/em\u003e.  The initial imposition of VAT in France and its spread around the world  have been driven by economic reasons. This book focuses on one of these  economic triggers: the neutrality of VAT as regards the functioning of  the economy. It demonstrates that the reason VAT was chosen in France  and why thereafter it spread around the world was because it offered the  possibility to collect governmental revenue while allowing the economic  forces of the market to interplay without being adversely affected.\u003cbr\u003eThe  prerequisite conditions for the existence of VAT neutrality are  therefore identified herein along with an overview of the VAT mechanism,  demonstrating that the concept of neutrality is built into the VAT  system in a manner that allows for the preservation of the natural  functioning of the market. After the definition of VAT neutrality is set  forth, the elements that comprise VAT neutrality are tested against the  realities on the ground and the issues that infringe the neutrality of  VAT are identified and analysed. In conclusion, remedies for these  issues are being sought by a review of the causes of infringement of VAT  neutrality in the perspective of selected proposals for modified VAT  systems. These proposals include redesignating the place where VAT is  levied and improving VAT collection. Ultimately, the proposed solution  has recourse to the roots of VAT together with the most advanced  technological tools available to give back to VAT the power to levy  revenue while letting the economic forces of the market interplay  without instigating any adverse influence.\u003c\/p\u003e","brand":"Éditions Larcier","offers":[{"title":"Default Title","offer_id":47165010575600,"sku":"9782879747880","price":67.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9782879747880_p0.jpg?v=1772807995","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9782879747880","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}