Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Would VAT implementation result into high inflation rate?

0
Posted

Would VAT implementation result into high inflation rate?

0

Because of absence of tax cascading and in-built invoice-based input-credit mechanism, VAT is almost non-inflationary as compared to traditional sales tax, VAT is neutral to production and consumption choices. It eventually stabilizes prices in the market.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123