01777cas a2200265 a 4500 AALejournalIMF002392 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451921175 1018-5941 BD-DhAAL BD-DhAAL Frenkel, Jacob. International Vat Harmonization : Economic Effects / Jacob Frenkel, Steven Symansky, Assaf Razin. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (48 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper highlights key macroeconomic issues related to VAT harmonization. A model is developed which emphasizes the effects of changes in the time profile of various taxes on international behavior. Dynamic simulations reveal that the macroeconomic and welfare implications of VAT harmonization, including conflicts of interest, depend critically on the tax system and the degree of substitution governing temporal and intertemporal allocations. We also demonstrate that the effects of revenue-neutral tax conversions between income and consumption tax systems undertaken by a single country depend critically on international differences in behavior. Mode of access: Internet Razin, Assaf. Symansky, Steven. IMF Working Papers; Working Paper ; No. 1991/022 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/022/001.1991.issue-022-en.xml IMF e-Library