Public Disclosure Authorized Policy Research Working Paper 11120 VAT Exemptions, Embedded Tax, and Unintended Consequences William Chandler Alastair Thomas Frédéric Tremblay Economic Policy Global Department May 2025 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickl ...