This publication is the fifth in the series 'Consumption Tax Trends'. It presents information relative to indirect taxes in OECD member countries, as at 1 January 2003. As in the earlier editions of Consumption Tax Trends, this edition illustrates the increasing importance of general consumption taxes as revenue instruments in OECD member countries. It also highlights the features underlying this development. In addition, it identifies the large number of differences which exist in respect to the consumption tax base, rates and implementation rules between tax administrations. This edition's special features highlight specific aspects of developments in international issues on taxation of services and intangibles and on emerging approaches for financial services. It also deals with tax administration issues.
