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The contents of the Value Added Tax in Bangladesh page were merged into Value-added tax on 19 January 2019. For the contribution history and old versions of the redirected page, please see its history; for the discussion at that location, see its talk page. |
I don't understand the point of two banners. Nothing has been added to the talk to clarify the addition of either banner. Morphh (talk) 1:03, 18 April 2007 (UTC)
The example on Ford/Opel sold in Germany/US is a bit confusing mainly because the first example is very different from how it is happening in practice. It shows that there would be massive taxation of the consumer for German cars imported to the US if both VAT and Sales Tax were levied without any provision for exports. I think it may not be clear to all readers that this is a hypothetical example for illustration only. The real situation is explained further below. Germany waives the VAT on exports, so the US consumer only pays US Sales Tax.
In between the unrealistic case and the real case there is one case in which no tax applies anywhere. This is also hypothetical, but also superfluous. What point is meant to be made with the table that has no taxes?
So unless I'm misunderstanding something, I think some cleanup of the example section is definitely needed. Aecur ( talk) 14:08, 1 September 2017 (UTC)
I'm just stopping by and probably won't be back to check this. But someone needs to alter the table showing the different prices of chevrolets and opels in the US and Germany. It says that both a chevy and an opel is produced for $25,000. It says that the US has a 10% sales tax. Therefore I would expect the price in the US would be $27,500 (=25,000 + 2,500). Instead, the price is 27,778. OK, so maybe that's profit. But Germany has a VAT of 20%, and the Opel in Germany sells for $30,000 (= 25,000 + 20%). So no profit is added. Thus the comparison is not apples to apples. Suggest that no profit be included (that just confuses the example), and that the cost of a chevrolet be listed as $27,500. I just looked this over quickly, so someone check my understanding - perhaps I'm wrong. But if I'm wrong, additional explanation is needed because if I don't understand it, lots of others don't as well. — Preceding unsigned comment added by Commandkirk ( talk • contribs) 22:38, 9 June 2012 (UTC)
For exports from the European Union to the US there is no VAT to be paid. Exports are really exempt. This has sometimes been labelled a means of unfair competition, but the calculated example shows that this is not the case. Exports have to be exempt in order to avoid a massive taxation of US consumers. The very first table shows this hypothetical situation. - Greetings from Germany. Aecur ( talk) 14:16, 1 September 2017 (UTC)
See this discussed here KVDP ( talk) 07:08, 23 June 2017 (UTC)
Recently created articles Value Added Tax in Bangladesh and Value added taxation in Bangladesh bring to three the number of articles that cover the topic. I propose they be merged into the Bangladesh section of Value-added tax, unless the result of doing so would be a section longer than five or six paragraphs.
I think that the content in the two new articles can be explained in the context of Value-added tax, and that if tightly written it would not cause any problems as far as article size or undue weight is concerned. (If it can't be kept to five or six paragraphs, or later grows beyond that size, I would have no objection to it being spun off into one new article, although for consistency the best title would use a parenthetical disambiguation: Value added tax (Bangladesh)) -- Worldbruce ( talk) 21:08, 29 July 2017 (UTC)
I support the merger with the prerequisites set by JezGrove Cloaker416 ( talk) 04:19, 11 June 2018 (UTC)
It seems dubious at best that China’s total VAT revenue for 2007 was just 15.47 billion yuan, supposedly “33.9 percent of China's total tax revenue for the year”. This page from the State Administration of Taxation reports a total tax revenue of 4945.2 billion yuan for the same year. — Preceding unsigned comment added by 79.25.141.184 ( talk) 21:19, 11 December 2018 (UTC)
Quote from article "166 of the world's approximately 193 countries employ a VAT,..." - I just wonder how 193 can be approximateted (the numbers of countries has to be an integer). Guess I understand the reason for this formulation, but still strongly suggest a rephrasing. Boeing720 ( talk) 17:03, 8 February 2019 (UTC)
Boeing720 has twice added the old Swedish OMS (omsättningsskatt) to the table of EU VAT rates, in addition to the current MOMS (meromsättningsskatt). However, OMS was not a value-added tax. "Meromsättning" (added revenue) means essentially the same as value-added, but OMS omits the "added" part - it was a plain sales tax.
Many other countries had a similar progression from sales tax to VAT; Denmark even used practically the same words, and exactly the same contractions, apart from not capitalizing "oms" and "moms." I don't think these non-VAT taxes should be listed in the table of European VATs. Sakkura ( talk) 23:09, 9 February 2019 (UTC)
in the map it says that Saudi Arabia has no VAT which is incorrect. Saudi Arabia has had a 5 percent VAT for a couple of years and now it has a 15 percent VAT. Map needs updating. Unfortunately I don't know how to do that. Source: https://english.alarabiya.net/en/features/2020/06/29/Saudi-Arabia-VAT-triples-to-15-percent-on-July-1-Here-s-everything-you-need-to-know Rayansb ( talk) 19:33, 30 June 2020 (UTC)
recommendable usage by purpose of value added tax.
2003:E0:8F04:481:683C:CB8F:F31D:A81 ( talk) 03:55, 30 September 2021 (UTC)
Hi, quick note on the EU VAT list, why is it separated from the rest of the world especially when an article about EU VAT already exists, European Union value added tax. I think we should at least have a single table on this article, or possibly an article with a list of VAT, GST and sales tax that would be more organised and easy to understand. Also, I'm thinking of proposing a request to split List of countries by tax rates to seperate lists that discuss each tax on its own as I don't see a point in having a table that is very messy and difficult to read. Notes on any point are more than welcome :). Vyvagaba ( talk) 14:46, 5 February 2022 (UTC)
This
edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request. |
Since 1st July 2017, the VAT in India has been called GST (Goods and services tax), and the rates vary from 5 to 28% with the majority of products at 18%.
In the document, the local name of the tax is still mentioned as VAT.
[2] Ramtin.abadi ( talk) 06:33, 25 January 2024 (UTC)
Starting from 1 Jan 2024, the VAT rate of Estonia has increased to 22%
In the document, the VAT rate is stated as 20%
[3] Ramtin.abadi ( talk) 06:44, 25 January 2024 (UTC)
References
This
edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request. |
In the ‘Examples’ sections under the subheading ‘With a value-added tax’, the following clause needs to be deleted in its entirety: “but only by successfully selling the value-added product to the buyer or consumer in the next stage. In the previously shown examples, if the retailer fails to sell some of its inventory, it suffers a greater financial loss in the VAT scheme, in comparison to the sales tax regulatory system, by having paid a higher wholesale price on the product it wants to sell.”
The above is factually inaccurate in basically all jurisdictions with a VAT or GST tax. A business is able to claim a purchase/input tax credit on its VAT return regardless of whether it is successful in selling the inventory created from whatever input it was charged tax on in the previous production stage. There is no way of even knowing what exact inputs relate to what exact outputs and a valid tax invoice is generally sufficient for a business to substantiate its claim, and request for refund of, if applicable, a purchase/input tax credit on its VAT return.
2601:681:8A01:2E40:393B:C20:205B:F437 (
talk) 10:13, 17 March 2024 (UTC)
This is the
talk page for discussing improvements to the
Value-added tax article. This is not a forum for general discussion of the article's subject. |
Article policies
|
Find sources: Google ( books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
Archives: 1, 2Auto-archiving period: 100 days |
This
level-4 vital article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||||||
|
The contents of the Value Added Tax in Bangladesh page were merged into Value-added tax on 19 January 2019. For the contribution history and old versions of the redirected page, please see its history; for the discussion at that location, see its talk page. |
I don't understand the point of two banners. Nothing has been added to the talk to clarify the addition of either banner. Morphh (talk) 1:03, 18 April 2007 (UTC)
The example on Ford/Opel sold in Germany/US is a bit confusing mainly because the first example is very different from how it is happening in practice. It shows that there would be massive taxation of the consumer for German cars imported to the US if both VAT and Sales Tax were levied without any provision for exports. I think it may not be clear to all readers that this is a hypothetical example for illustration only. The real situation is explained further below. Germany waives the VAT on exports, so the US consumer only pays US Sales Tax.
In between the unrealistic case and the real case there is one case in which no tax applies anywhere. This is also hypothetical, but also superfluous. What point is meant to be made with the table that has no taxes?
So unless I'm misunderstanding something, I think some cleanup of the example section is definitely needed. Aecur ( talk) 14:08, 1 September 2017 (UTC)
I'm just stopping by and probably won't be back to check this. But someone needs to alter the table showing the different prices of chevrolets and opels in the US and Germany. It says that both a chevy and an opel is produced for $25,000. It says that the US has a 10% sales tax. Therefore I would expect the price in the US would be $27,500 (=25,000 + 2,500). Instead, the price is 27,778. OK, so maybe that's profit. But Germany has a VAT of 20%, and the Opel in Germany sells for $30,000 (= 25,000 + 20%). So no profit is added. Thus the comparison is not apples to apples. Suggest that no profit be included (that just confuses the example), and that the cost of a chevrolet be listed as $27,500. I just looked this over quickly, so someone check my understanding - perhaps I'm wrong. But if I'm wrong, additional explanation is needed because if I don't understand it, lots of others don't as well. — Preceding unsigned comment added by Commandkirk ( talk • contribs) 22:38, 9 June 2012 (UTC)
For exports from the European Union to the US there is no VAT to be paid. Exports are really exempt. This has sometimes been labelled a means of unfair competition, but the calculated example shows that this is not the case. Exports have to be exempt in order to avoid a massive taxation of US consumers. The very first table shows this hypothetical situation. - Greetings from Germany. Aecur ( talk) 14:16, 1 September 2017 (UTC)
See this discussed here KVDP ( talk) 07:08, 23 June 2017 (UTC)
Recently created articles Value Added Tax in Bangladesh and Value added taxation in Bangladesh bring to three the number of articles that cover the topic. I propose they be merged into the Bangladesh section of Value-added tax, unless the result of doing so would be a section longer than five or six paragraphs.
I think that the content in the two new articles can be explained in the context of Value-added tax, and that if tightly written it would not cause any problems as far as article size or undue weight is concerned. (If it can't be kept to five or six paragraphs, or later grows beyond that size, I would have no objection to it being spun off into one new article, although for consistency the best title would use a parenthetical disambiguation: Value added tax (Bangladesh)) -- Worldbruce ( talk) 21:08, 29 July 2017 (UTC)
I support the merger with the prerequisites set by JezGrove Cloaker416 ( talk) 04:19, 11 June 2018 (UTC)
It seems dubious at best that China’s total VAT revenue for 2007 was just 15.47 billion yuan, supposedly “33.9 percent of China's total tax revenue for the year”. This page from the State Administration of Taxation reports a total tax revenue of 4945.2 billion yuan for the same year. — Preceding unsigned comment added by 79.25.141.184 ( talk) 21:19, 11 December 2018 (UTC)
Quote from article "166 of the world's approximately 193 countries employ a VAT,..." - I just wonder how 193 can be approximateted (the numbers of countries has to be an integer). Guess I understand the reason for this formulation, but still strongly suggest a rephrasing. Boeing720 ( talk) 17:03, 8 February 2019 (UTC)
Boeing720 has twice added the old Swedish OMS (omsättningsskatt) to the table of EU VAT rates, in addition to the current MOMS (meromsättningsskatt). However, OMS was not a value-added tax. "Meromsättning" (added revenue) means essentially the same as value-added, but OMS omits the "added" part - it was a plain sales tax.
Many other countries had a similar progression from sales tax to VAT; Denmark even used practically the same words, and exactly the same contractions, apart from not capitalizing "oms" and "moms." I don't think these non-VAT taxes should be listed in the table of European VATs. Sakkura ( talk) 23:09, 9 February 2019 (UTC)
in the map it says that Saudi Arabia has no VAT which is incorrect. Saudi Arabia has had a 5 percent VAT for a couple of years and now it has a 15 percent VAT. Map needs updating. Unfortunately I don't know how to do that. Source: https://english.alarabiya.net/en/features/2020/06/29/Saudi-Arabia-VAT-triples-to-15-percent-on-July-1-Here-s-everything-you-need-to-know Rayansb ( talk) 19:33, 30 June 2020 (UTC)
recommendable usage by purpose of value added tax.
2003:E0:8F04:481:683C:CB8F:F31D:A81 ( talk) 03:55, 30 September 2021 (UTC)
Hi, quick note on the EU VAT list, why is it separated from the rest of the world especially when an article about EU VAT already exists, European Union value added tax. I think we should at least have a single table on this article, or possibly an article with a list of VAT, GST and sales tax that would be more organised and easy to understand. Also, I'm thinking of proposing a request to split List of countries by tax rates to seperate lists that discuss each tax on its own as I don't see a point in having a table that is very messy and difficult to read. Notes on any point are more than welcome :). Vyvagaba ( talk) 14:46, 5 February 2022 (UTC)
This
edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request. |
Since 1st July 2017, the VAT in India has been called GST (Goods and services tax), and the rates vary from 5 to 28% with the majority of products at 18%.
In the document, the local name of the tax is still mentioned as VAT.
[2] Ramtin.abadi ( talk) 06:33, 25 January 2024 (UTC)
Starting from 1 Jan 2024, the VAT rate of Estonia has increased to 22%
In the document, the VAT rate is stated as 20%
[3] Ramtin.abadi ( talk) 06:44, 25 January 2024 (UTC)
References
This
edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request. |
In the ‘Examples’ sections under the subheading ‘With a value-added tax’, the following clause needs to be deleted in its entirety: “but only by successfully selling the value-added product to the buyer or consumer in the next stage. In the previously shown examples, if the retailer fails to sell some of its inventory, it suffers a greater financial loss in the VAT scheme, in comparison to the sales tax regulatory system, by having paid a higher wholesale price on the product it wants to sell.”
The above is factually inaccurate in basically all jurisdictions with a VAT or GST tax. A business is able to claim a purchase/input tax credit on its VAT return regardless of whether it is successful in selling the inventory created from whatever input it was charged tax on in the previous production stage. There is no way of even knowing what exact inputs relate to what exact outputs and a valid tax invoice is generally sufficient for a business to substantiate its claim, and request for refund of, if applicable, a purchase/input tax credit on its VAT return.
2601:681:8A01:2E40:393B:C20:205B:F437 (
talk) 10:13, 17 March 2024 (UTC)