Jersey's politicians have rejected a proposition to make food and fuel exempt from goods and services tax (GST).
Formal proposals for a goods and services tax are expected to be put to the States in the next few weeks.
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He pledged to reduce fuel subsidies and impose a goods and services tax.
By that he means rolling out a goods and services tax, cutting subsidies, easing conditions for investors and more.
Known as the Goods and Services Tax (GST), it would replace a tangle of state levies with a single, national one.
Senator Philip Ozouf said taking the Goods and Services Tax (GST) off healthy food was the wrong way to promote healthy lifestyles.
The 3% Goods and Services Tax was introduced in May because the government will be receiving less tax from the finance industry.
India needs a nationwide goods and services tax by next April.
Raising the goods and services tax (GST) in Jersey from 3% to 5% has caused people to spend less money, Jersey's Chamber of Commerce has said.
As Singapore moved to increase its goods and services tax rate to 7% from 5%, Hong Kong authorities were opting to forgo any such levy for now.
Worse, he bungled urgent reforms, notably over opening foreign investment in the retailing industry, and failing to push through a goods and services tax and to cut costly subsidies.
The biggest, an effort to prune the country's dreadful thicket of indirect taxes into a tidier form, an all-India Goods and Services Tax, has been pushed back by a year, to April 2012.
The lack of economic debate may have been a relief to Mr Howard after his government's unpopular introduction of a "goods and services tax" (GST), similar to VAT was blamed for dampening the economy earlier this year.
Parera commended Mukherjee for sticking to the deadline of introducing a uniform goods and services tax by April 2010 and abolishing certain direct taxes--the fringe benefit tax, the commodities trading tax and the 10% surcharge on income tax.
Struggling to pass reforms such as a new nationwide goods and services tax, and unwilling to tackle state monopolies and vested interests in industries like energy, even reforming politicians now settle for yanking a few rusty levers of the bureaucratic machine.
These include a goods-and-services tax and the sale of the government's remaining two-thirds share of Telstra, the country's main telecoms company.
The White House even fought to the bitter end for a cap-and-trade bill that the House passed and would have imposed higher costs for electric power, transportation, manufacturing and most goods and services as this tax flowed down the energy chain.
Tax time will never be pleasant, but making form preparation easier, understanding better how government spending buys useful goods and services, and re-examining the tax expenditures in our tax code at least can mitigate our tax pain.
Costa Rica's government has sent bills to congress that would tax money earned abroad, levy the sales tax on services as well as goods, and introduce a single form for income tax.
Mr Howard proposes income-tax cuts financed by a new 10% tax on goods and services.
To replace the loss of revenues, Huckabee advocates a consumption tax on goods and services that includes a monthly "prebate, " designed to offset taxes on necessities.
This levy would repeal nearly all federal taxes (including the income tax and the payroll tax) and replace them with a single-rate national sales tax on the purchase of all goods and services.
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The previous Labour government temporarily cut VAT - a tax on most goods and services - from 17.5% to 15% in December 2008 in an attempt to boost consumer spending.
That puts DSL providers at a particular disadvantage, a Sprint (nyse: FON - news - people ) executive testified, because state and local telecom taxes are so high--an average of 13.9% of bills across the U.S., compared to an average 6% sales tax on other goods and services.
Sales taxes, too, are important because they further reduce living standards by raising the price of goods and services that can be purchased with after-tax income.
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In January, Rob Woodall (R-GA) introduced a bill in Congress to repeal income, employment and estate and gift taxes and instead impose a 23 percent sales tax on the use or consumption of all goods, properties and services.
Some goods and services now subject to a reduced value-added tax rate will have to bear the full 16% rate.
What's happening is that inflation in goods and services has been rising considerable faster than wages, tax credits or benefits.
PRD, in contrast, wants value-added tax removed from a range of basic goods and services, but increased on luxuries.
That means that you must include in gross income on your federal income tax return the fair market value of goods and services received in exchange for goods or services you provide.
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