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Its a tax that you pay with everything you buy, Value Added Tax, generally it is a percentage based on value of import. I have never heard the term apply for a hotel unless it's another kind of tax. Value Added Tax (VAT) is a consumption tax

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βˆ™ 8y ago
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βˆ™ 11y ago

The most common meaning of the acronym VAT is value added tax, a form of consumption tax commonly found in Europe.

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Q: What does the acronym VAT stand for?
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