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   can.taxes      All that "free" healthcare has a price      23,408 messages   

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   Message 23,184 of 23,408   
   Alan Baggett to All   
   Goods & Services Tax (GST) Around the Wo   
   03 Jul 17 22:26:13   
   
   From: AlanBaggett@volcanomail.com   
      
   Goods & Services Tax (GST) Around the World  : CRA SOTW   
      
   From the India Times   
      
   India's GST highest in the world: Here's what some other countries charge    
      
   France was the first country to implement GST to reduce tax-evasion. Since   
   then, more than 140 countries have implemented GST with some countries having   
   Dual-GST, for example Brazil and Canada.   
      
   India has chosen the Canadian model of dual GST as it has a federal structure   
   where the Centre and states have the powers to levy and collect taxes.   
      
   France was the first country to implement GST to reduce tax-evasion. Since   
   then, more than 140 countries have implemented GST with some countries having   
   Dual-GST, for example Brazil and Canada.   
      
   India has chosen the Canadian model of dual GST as it has a federal structure   
   where the Centre and states have the powers to levy and collect taxes.   
      
   Here's what some other countries charge    
      
   European countries have one rate of GST as they do not have poor families,   
   unlike in India, where families cannot be burdened with the same tax as the   
   rich.   
      
   All around the world, GST has the same concept. In some countries, VAT is the   
   substitute for GST, but conceptually, it is a destination based tax on   
   consumption of goods and services. That still needs to be resolved among the   
   different governance in the    
   world is the GST rate.   
      
   Complete coverage on Goods and Services Tax (GST)   
      
   Some are still struggling to rationalise an adopted rate structure. While   
   there were strong differences at the time of introduction of GST due to   
   political divisions in Canada, GST sustained despite the opposition. The   
   Government of Canada has reduced    
   the GST rate a couple of times since it was introduced.   
      
   However, some others countries which started with very low rates have been   
   forced to increase the rates very soon after introduction to raise more   
   resources.   
      
   Canada 13 to 15%   
   France 20%   
   UK 20%   
   New Zealand 15%   
   Malaysia 6%   
   Singapore 7%   
      
   ----------------------------------------------------------    
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   Visit the CRA SOTW Library at http://canada.revenue.agency.angelfire.com    
      
   ------------------------------------------------------------    
   Alan Baggett - http://www.taxcollectorsbible.com/ - Tax Collector's Bible   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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