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How to calculate value added tax?

Anonymous

∙ 15y ago

Updated: 9/16/2023

difference vat tax in purchase and selling

Wiki User

∙ 15y ago

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Full form the VAT?

Value Added Taxvalue added tariffVAT is the abbreviation for "Value added Tax"-------------------------------------- ------ ----------------------------------------------

What does vat stand for?

Value added tax

A tax on things you buy called?

sales tax ----------------- purchase tax value added tax

Expanded value added tax?

Expanded value added tax is a form of sales tax that is assessed on the sale of goods or services of items imported into the Philippines. It is considered a consumption tax and is currently at 12 percent.

Extended value added tax?

The extended value added tax is a new law that was passed in the Philippines in 2005. This law adds taxes to petroleum, electricity, and other services.

Related Questions

What is the prospect of value added tax in Nigeria?

What is the prospect of value added tax in Nigeria?"

What does the HMRC gov website offer?

The HMRC webpage has a range of information on UK customs and the tax department. There is information on VAT (value added tax) and how to calculate it.

What has the author James M Bickley written?

James M. Bickley has written: 'Flat tax proposals' -- subject(s): Flat-rate income tax 'Value-added tax as a new revenue source' -- subject(s): Value-added tax 'A value-added tax contrasted with a national sales tax' -- subject(s): Use tax, Value-added tax

What is Reformed Value Added Tax in the Philippines?

The Reformed Value Added Tax in the Philippines is a consumption tax. The tax is paid on the purchase price. The abbreviation is RVAT.

Are you in favor of value added tax?

no! no!

Full form the VAT?

Value Added Taxvalue added tariffVAT is the abbreviation for "Value added Tax"-------------------------------------- ------ ----------------------------------------------

What does the V in VAT stand for?

Value as in Value Added Tax

What does the acronym VAT stand for?

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

What does vat stand for?

Value added tax

What is the abbreavation of VAT?

Value added tax

Who recommended value added tax?

zhaa

What is an advantage of a value added tax?

15%

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