财务管理专业--增值税.docVIP

外文原文： Value added tax From Wikipedia，the free encyclopedi Abstract A value added tax(VAT)is a form of consumption tax．It is a tax on the”value added”to a product or material，from an accounting view, at each stage of its manufacture or distribution．The”value added”to a product by a business is the sale price charged to its customer，minus the cost of materials and other taxable inputs．A VAT is like a sales tax in that ultimately only the end consumer is taxed．It differs from the sales tax in that，with the latter，the tax is collected and remitted to the government only once．at the point of purchase by the end consumer．With the VAT, collections，remittances to the government，and credits for taxes already paid occur each time a business in the supply chain purchases products from another business. The reason businesses end up paying no tax is that at the time they sell the product，they receive a credit for all the tax they have paid to suppliers． Personal end-consumers of products and services cannot recover VAT on purchases，but businesses are able to recover VAT(input tax)on the products and services that they buy in order to produce further goods or services that will be sold to yet another business in the supply chain or directly to a final consumer．In this way, the total tax levied at each stage in the economic chain of supply is a constant fraction of the value added by a business to its products，and most of the cost of collecting the tax is borne by business，rather than by the state．Value Added Taxes were introduced in part because they create stronger incentives to collect than a sales tax does．Both types of consumption tax create an incentive by end consumers to avoid or evade the tax．But the sales tax offers the buyer a mechanism to avoid or evade the tax--persuade the seller that he is not really an end consumer，and therefore the seller is not legally required to collect it．The burden of determining whether the buyer’S motivation is to consume or re-sell is on t