Description of Tax Bills: S. 353 (educational Savings Bonds); S. 442 (value Added Tax); S. 659, S. 838, S. 849 (estate Freezes); and S. 800 (moratorium on Certain State Tax Laws) : Scheduled for a Hearing Before the Senate Committee on Finance on May 17, 1989U.S. Government Printing Office, 1989 - 35 pages |
From inside the book
Results 1-5 of 14
Page
... Zero - rated items and exemption from the VAT ............ 12 14 4. Treatment of real property . 22 5. Determination of the location of goods and services ........ 23 6. Treatment of insurance and other finan- cial services 22 42 2 28 9 ...
... Zero - rated items and exemption from the VAT ............ 12 14 4. Treatment of real property . 22 5. Determination of the location of goods and services ........ 23 6. Treatment of insurance and other finan- cial services 22 42 2 28 9 ...
Page 7
... zero tax rate 11 with respect to certain sales of food , housing , and medical care . A zero rating would also be ... rated transaction , a rate of 0 percent is substituted for the normal VAT rate of 5 percent . VAT administrative ...
... zero tax rate 11 with respect to certain sales of food , housing , and medical care . A zero rating would also be ... rated transaction , a rate of 0 percent is substituted for the normal VAT rate of 5 percent . VAT administrative ...
Page 10
... zero rated for purposes of the VAT , as further discussed at pp . 20-21 of this pamphlet . 14 Certain sales of property by a governmental entity or a tax - exempt organization would have a zero rating while other sales would be subject ...
... zero rated for purposes of the VAT , as further discussed at pp . 20-21 of this pamphlet . 14 Certain sales of property by a governmental entity or a tax - exempt organization would have a zero rating while other sales would be subject ...
Page 12
... Assessment , " Official Journal No. L145 . 21 See , ABA Report , at p . 162 . transaction at every stage of production and distribution , credits 12 Invoice requirement/credit mechanism Zero-rated items and exemption from.
... Assessment , " Official Journal No. L145 . 21 See , ABA Report , at p . 162 . transaction at every stage of production and distribution , credits 12 Invoice requirement/credit mechanism Zero-rated items and exemption from.
Page 13
... . 28 , No. 3 , p . 306 . 24 See U.S. General Accounting Office , The Value - added Tax - What Else Should We Know About It ?, PAD - 81-60 , March 3 , 1981 , pp . 32-34 . 97-673 - 89-2 3. Zero - rated items and exemptions from the VAT 13.
... . 28 , No. 3 , p . 306 . 24 See U.S. General Accounting Office , The Value - added Tax - What Else Should We Know About It ?, PAD - 81-60 , March 3 , 1981 , pp . 32-34 . 97-673 - 89-2 3. Zero - rated items and exemptions from the VAT 13.
Other editions - View all
Common terms and phrases
activities addition amount of VAT bill would provide border tax adjustment calendar quarter claim a credit commercial-type transaction consumer corporation December 31 deposits destination principle determine Educational Savings Bonds EE savings bonds effective date employee estate freeze example exclusion exempt Exon exports fair market value farmers governmental entities grocery store Gross VAT higher education expenses housing impose a VAT intangible property interest Internal Revenue Code Internal Revenue Service legislation nonbusiness real property performance of services plumber preferred stock premiums previously paid primary residence property or services provide a zero provided in regulations rate of tax retail sale of property section 135 seller Series EE savings services provided small businesses stage of production subject to tax tax point taxable amount taxable person taxable transactions taxation taxpayer tion transfer United Value Added Tax VAT credit VAT imposed VAT liability VAT paid VAT system zero rating zero-rated