%0 Journal Article
%T IMPACT OF VAT RATES OF FEED ON MEAT AND MILK PRICES
%A M. Ali AKTA£¿
%A Serdar YAL£¿INKAYA
%J -
%D 2019
%X Societies need a superior power to live in a certain order and increase their welfare. This power may be defined as the state and income, mainly obtained through taxes, is needed to finance the services the state provides. Tax is collected by the state to finance the public expenditures as well as to sustain the economic and social system. The types of taxes collected by the state appear in two ways, mainly indirect and direct. Indirect taxes are easy to calculate and collect on an accrual basis at the time of sale or exchange of products and services. Value Added Tax (VAT or KDV in Turkish), Special Consumption Tax (SCT), Customs Tax, Banking and Insurance Transaction Tax (Banking Insurance) are the examples of indirect taxes in Turkey. The VAT is defined, in its simplest form, as the tax that is collected from the real or legal person receiving goods and services at the time of sale. Indirect taxes cause taxes arising from the sale of goods and services, resulting in a price outside the market conditions between the seller¡¯s price and the buyer¡¯s price. Due to the deterioration of market conditions, the effective use of resources is eliminated. In addition to this negative structure, indirect taxes and the funds accumulated in the public sector can be used for economic growth and by creating an artificial inflation depending on indirect taxes, the saving capabilities of people can be increased by preventing people to take the unwanted goods. In general, incentive fiscal policies can be defined as the exclusion of any income from the tax system or the deferment of the tax accrued. Tax incentives have invigorating characteristics on the economy depending on the application characteristics. However, the competitive characteristics of the economic element to be supported are much more important than the tax incentives. Depending on the tax incentives, the prices of the goods in the market may not be same. Especially in full competition conditions, oligopoly market conditions can produce completely different results. Another reason for the absence of the desired effect on fiscal policies and prices of goods and services is supply and demand elasticities. Due to the elasticity of supply and demand, indirect tax incentives may not be effective and also there may be a decrease in tax revenues. As a result of these decreases experienced in the tax revenue, there is no change in the price and demand of the product. Fiscal policy and various incentive systems for meat and dairy products are used to enable consumers to have these products more cheaply in Turkey.
%K KDV Oran£¿
%K Et Piyasas£¿
%K S¨¹t Piyasas£¿
%K Fiyat Olu£¿umu
%U http://dergipark.org.tr/maruoneri/issue/43234/522062