VAT

Kathy's Avatar

Kathy

01 Aug, 2020 12:05 AM

What is VAT/GST?

  1. 1 Posted by dwg on 01 Aug, 2020 12:47 AM

    dwg's Avatar

    I'm a fellow user.

    It stands for Value Added Tax/Goods and Services Tax.

    In some countries goods and services are taxed in a direct way generally based on a percentage rate which may differ depending on the goods/service involved and this is to account for such taxes, in other countries they may do things like wholesale taxes instead.

  2. 2 Posted by Kathy on 01 Aug, 2020 04:34 AM

    Kathy's Avatar

    Thank you.

  3. Ethan closed this discussion on 01 Aug, 2020 09:29 PM.

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