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What is VAT?

Overview

You are wanting to understand VAT.

 

Environment

AvaTax Update

 

 

Resolution

  • Value-Added Tax (VAT) is a tax on consumer spending. It is collected by VAT-registered traders on their supplies of goods and services effected within the State for consideration to their customers.

  • Will's Whiteboard is an excellent short video on VAT:  https://www.youtube.com/watch?v=6ajIe-5fC4M

 

 

 

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