Archive for November 17th, 2007
What is Vat?
Vat or goods and services tax (GST), is tax on exchanges. It is levied on the added value that results from each exchange. It differs from a sales tax because a sales tax is levied on the total value of the exchange. For this reason, a VAT is neutral with respect to the number of […]
Posted: November 17th, 2007 under Vat, Vat Rebate, Vat Reclaim, Vat Refund.
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