Estimating Value-Added Tax Using a Supply and Use Framework: The ADB National Accounts Statistics Value-Added Tax Model

ESTIMATING VALUE-ADDED TAX USING A SUPPLY AND USE FRAMEWORK

THE ADB NATIONAL ACCOUNTS STATISTICS VALUE-ADDED TAX MODEL

FEBRUARY 2024

Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)

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ISBN 978-92-9270-578-7 (print); 978-92-9270-579-4 (electronic); 978-92-9270-580-0 (ebook)

Publication Stock No. TCS240002-2

DOI: http://dx.doi.org/10.22617/TCS240002-2

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Notes:

In this publication, $ refers to United States dollars.

ADB recognizes China as the People’s Republic of China and Republic of Armenia as Armenia.

Cover design by Eric Suan.

On the cover: (1 and 5) Market scene at the Gum Market in Yerevan, Armenia (photo by Eric Sales). (2) A man is selling dried fruits and delicacies at the green market in Almaty City, Kazakhstan (photo by Andrey Terekhov). (3) Daily life in Samarkand market, Uzbekistan (photo by Relisa Granovskaya); (4) Improved health services in Artashat, Armenia (photo by Inna Mkhitaryan). (6 and 7) Hamkorbank branch in Samarkand, Uzbekistan, providing sub loans to small businesses in the project with ADB (photo by Relisa Granovskaya).(8) ADB administration and governance, finance sector development (photo by Mark Floro). (9) School boy receiving water in the town of Artashat, Armenia for improved cleanliness and health of the students (photo by Inna Mkhitaryan).

CONTENTS

TABLES, FIGURES, AND BOXES

FOREWORD

Value-added taxes (VATs) have been adopted by many countries as