The value-added tax will replace an existing turnover tax, the newspaper said.
2.
Putin urged abolition of the turnover tax, which many investors and Russian businesses have cursed.
3.
In the Republic of Ireland, turnover tax was introduced in 1963, and followed by wholesale tax in 1966.
4.
Turnover taxes _ a hefty 20 percent _ bring the city more than dlrs 1 million a year.
5.
The turnover tax appeared to be both a source of revenue and a tool used to influence consumption patterns.
6.
The Democratic Party was instrumental in the recent reduction of the turnover tax from 3 percent to the present 2 percent.
7.
Both were replaced in 1972 by VAT, in preparation for Ireland's accession to the European Communities, which prohibited turnover tax and wholesale tax.
8.
The interest drop had been anticipated, following similar drops late last year by Vietnam's commercial banks after the government exempted them from costly turnover taxes.
9.
"We have maintained from the very outset that the turnover tax matter is non-negotiable, " said St . Maarten Democratic Party leader Sarah Wescott Williams.
10.
Trade regulations have been further liberalized since implementation in 1994 of the ICN turnover tax, in conformity with Central African tax and custom reform codes.
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