Value Added Taxes
Key Facts
Abbreviation
VAT
Pronunciation
/ˈvælju ˈædɪd ˈtæksɪz/
Category
Business
Related Field
Tax
Examples in Context
- Excise taxes, value added taxes, importation taxes, and employment taxes each subject to different regulations.
- Certain classes of goods are excepted from Value Added Taxes(VAT).
- Sales and value added taxes are collected by businesses at the time of sale.
- Greek governments have tended to avoid crackdowns on tax evasion, relying instead on tax amnesties and high value added taxes on petrol and cigarettes.
- It will also exempt businesses from value added taxes and consumption taxes if they trade with each other, Zhang said.
Other meanings of VAT
Value Added Tax
Business
Valued Added Tax
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