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VAT - European Commission - Taxation and Customs Union
Value Added Tax (VAT) is a consumption tax on the value added to nearly all goods and services bought and sold in and into the European Union . VAT is an important own resource for the EU budget. taxation-customs.ec.europa.eu
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Value-added tax - Wikipedia
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)), is a consumption tax that is levied on the value added at each stage of ... en.wikipedia.org
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Value Added Tax (VAT) Definition | TaxEDU Glossary
A Value-Added Tax (VAT) is a consumption tax assessed on the value added in each production stage of a good or service. taxfoundation.org
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vat
▪ I. vat, n.1 (væt) Forms: 3 ueat, 3–4 uet, 5– vat, 4, 6 vatte, 8 vatt; 4–5 vaat, 4, 6–8 vate, 6 vaette. [Southern variant of fat n.1 The long vowel in the obs. forms vaat, vate, is derived from the OE. pl. (fatu, etc.) or from late forms of the gen. and dat. sing. (fates, fate).] 1. a. A cask, tun,... Oxford English Dictionary
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VAT Definition & Meaning - Merriam-Webster
The meaning of VAT is a large vessel (such as a cistern, tub, or barrel) especially for holding liquors in an immature state or preparations ... www.merriam-webster.com
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What is Value-Added Tax (VAT) - Avalara
Value-added tax (VAT) is a broad consumption tax assessed on the value added to goods and services as they move through the supply chain. www.avalara.com
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Vat
Vat or VAT may refer to: Container Barrel for alcoholic beverage or other liquid Economics Value-added tax, a consumption tax levied on value added VAT identification number Value Added Tax (United Kingdom) Places Vatican City, ISO country code VAT Vát, a village in Hungary Other uses Vat 69 wikipedia.org
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What is a VAT? - Tax Policy Center
The value-added tax (VAT) is the world's most common form of consumption tax, in place in more than 160 countries, including every economically advanced nation ... taxpolicycenter.org
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VAT Group AG - High Performance Vacuum Valves and Vacuum ...
VAT is a global leader in the development of high vacuum solutions that are essential for the production of semiconductors, displays, and digital technologies. www.vatgroup.com
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What Is Value-Added Tax and How Is It Calculated? - Bloomberg Tax
VAT is a comprehensive, indirect consumption tax imposed by more than 170 countries on sales or exchanges and imports. pro.bloombergtax.com
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Understanding Value-Added Tax (VAT): An Essential Guide
Value-added tax (VAT) is a consumption tax levied on goods and services throughout the supply chain from production to sale, collected at each value addition ... www.investopedia.com
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Value-added tax (VAT) rates
This table provides an overview of statutory VAT rates. In instances where a territory has a consumption tax similar to a VAT, that tax rate is provided. taxsummaries.pwc.com
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VAT Calculator
Jan 20, 2024To calculate the VAT amount: multiply the net amount by the VAT rate. €50 × 0.23 = €11.50. To determine the gross price: take the VAT amount from Step 3 and add it to the VAT-exclusive price. You get the VAT inclusive: €50 + €11.50 = €61.50. In essence, it's just a specific kind of net to gross calculation.
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vat
vat/væt; væt/ ntank or large container for holding liquids, esp in distilling, brewing, dyeing and tanning 大桶、 大盆等巨大容器（尤指蒸馏、 酿造、 染色及鞣革用的）. VAT (also Vat), / 9vi eI 5ti:, also vAt; 9vi e `ti, vAt/ abbr 缩写 = value added tax 增值税 Prices include 15% VAT. 价格中含有15%增值税. 牛津英汉双解词典
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Find the value of the service The VAT amount charged for a certain service was $60. If 12% is charged as VAT what is the value of the service
Let $x=\text{ the original value}$. Let's translate: The taxes are \$60. This **is** 12% **of** the original value. > 60 $\underbrace{\text{[ is ]}}_{\text{EQUALS}}$ 12 percent $\underbrace{\text{[ of ]}}_{\text{TIMES}}$ x $\ \ \ \longrightarrow \ \ \ $ $60 = 0.12 \cdot x$ Now solve for x.
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