Perspectives for Recovery of VAT Collection Derived from Imports of Goods

Journal
Business Recovery in Emerging Markets
Palgrave Studies in Democracy, Innovation, and Entrepreneurship for Growth
ISSN
2662-3641
2662-365X
Date Issued
2022
Author(s)
Mata Mata, Leovardo
Type
Resource Types::text::book::book part
DOI
URL
Abstract
In this chapter, the elasticity of the collection of value-added tax resulting from foreign trade operations was estimated based on imports’ transactions by type of good to determine the group’s sensitivity to imports’ behavior. Results show that final consumer goods show the most significant effect of all, followed by intermediate and capital goods. Furthermore, there is an average decrease in the corresponding elasticities of 14.13%, attributable to COVID-19, during 2020. © Springer Nature