there is no advantage in VAT...
Advantages of value-added tax (VAT) include its ability to generate significant government revenue, its relative efficiency in administration, and its transparency, as it is typically included in the final price consumers pay. Additionally, VAT can reduce tax evasion compared to other tax systems, as it is collected at each stage of production. However, disadvantages include the potential for regressive impacts on low-income households, increased complexity in compliance for businesses, and the potential for cascading effects if not designed properly. Furthermore, VAT can lead to higher prices for consumers, which may affect overall consumption.
The advantages are that you will be able to get more things for the business. The disadvantages are that they are a lot of costs.
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