TY  - BOOK
AU  - Fan,Haichao
AU  - Liu,Yu
AU  - Qian,Nancy
AU  - Wen,Jaya
ED  - National Bureau of Economic Research.
TI  - Computerizing VAT Invoices in China
T2  - NBER working paper series
PY  - 2018///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - March 2018; Hardcopy version available to institutional subscribers
N2  - This paper documents that an increase in the enforcement of value-added tax (VAT) caused by the adoption of a new technology significantly increased VAT payments by large manufacturing firms in China. The reform contributed to 27.1% of VAT revenues and 12.9% of total government revenues in the five subsequent years. The main mechanism is likely to be a reduction in VAT deductions. The dynamic effects of the reform suggest that the rise in tax revenues is non-monotonic over time, with large short-run gains and smaller, though still positive, long-run gains. The reform also reduced firm revenues and inputs, and increased productivity
UR  - https://www.nber.org/papers/w24414
UR  - http://dx.doi.org/10.3386/w24414
ER  -