At last count, over 140 countries have adopted goods and services tax (GST) systems. The establishment of so many GST regimes has been described as probably the most important tax development in the latter twentieth century. It is important that officials and politicians of all countries...

One of the unique features of Australia's GST is the margin scheme applicable to supplies of immovable property, which has important implications for property transactions and GST revenue, particularly since these transactions generally involve large investments. The margin scheme did not only...

Given that VAT/GST systems are primarily designed for the purchase of goods or services that yield immediate consumption, or consumption over a limited period of time, they do not cope well with goods that are consumed over a long, or indefinite, period. The classic example is a personal...

The editor of VAT in Africa claims that it 'features contributions by some of the world's leading VAT experts, reviewing experience to date with the VAT in Africa, analyzing current issues, and offering guidelines for reforming and improving both the technical and administrative aspects of the...

The editors of GST in Retrospect and Prospect claim to seek to provide guidance on VAT and GST for future decision making by policymakers, law drafters, tax advisers, businesses, and tax administrators. This book is a result of a symposium held by the Centre for Accounting, Governance and...

When GST was introduced in Australia, it was supposed to be simpler than the wholesale sales tax it replaced. However, almost 11 years after the introduction of the simpler tax, there are still areas in the GST system that lack clarity, for example the issue of how much vacant land should be...