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Drawing on European and international experiences, this work provides an overview of the policy and practice of taxation with recent applied general equilibrium models. It focuses on various important aspects of model formulation, the design and implementation of fiscal policy and the consequences of tax reform in Western Europe, Turkey and Japan. The book reflects concepts and methods of empirical as well as theoretical analysis in which general equilibrium modelling is used as common background. The contributors present work representative of recent experience and trends in the subject and show the relevance of the methodological approach.