How Distortive are Turnover Taxes? Evidence from Replacing Turnover Tax with VAT
收藏NBER2022-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29650
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资源简介：
We investigate the impact of tax cascading on upstream and downstream firms. As a natural experiment, we explore a reform that replaced turnover taxes with value-added taxes for service industries in China, which effectively removed tax cascading. We find a relative increase in sales, R&D investment
提供机构：
美国国家经济研究局
创建时间：
2022-01-01
