An ad valorem tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT).

A value added tax identification number or VAT identification number (VATIN) is an identifier used in many countries, including the countries of the European Union, for value added tax purposes. In the EU, a VAT identification number can be verified online at the EU's official VIES [2] website.

It's an indirect tax in Vietnam on domestic consumption applied nationwide rather than at different levels such as state, provincial or local taxes. Value Added Tax : is often called by its initial letters "VAT" or “V.A.T.”. It is the English name of a tax that is added to things sold in the European Union. It is like a sales tax that is charged in some US States .

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Advertiser Disclosure: The credit card and banking offers that appear on this site Kiplinger.com tax editor Rocky Mengle breaks down our newly released tax software rankings. Also, our hosts Sandy Block and Ryan Ermey discuss the ins and outs of trip insurance in the wake of the coronavirus outbreak. www.peopleimages.com Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on th A value-added tax (VAT) is the standard throughout Europe, the UK and Canada. While VAT may help fund universal healthcare in other nations, adding it to the U.S. tax system is a slippery slope.

Payable VAT = 15×10% = 1.5 million vnd.

Except for the United States, all OECD countries employ some form of value-added tax (VAT) as do 160 other countries.: 14 In the US, the concept of a value-added tax has been the subject of much debate in academia and in politics, and a business "flat tax", or a national subtraction-method VAT, was among the proposals put forward to replace the corporate income tax in 2008.

It is like a sales tax that is charged in some US States . The tax is paid every time goods are sold. The maker charges the wholesaler VAT and pays the tax to the government Value-added tax (VAT) in Vietnam is a broadly based consumption tax assessed on the value added to goods and services arising through the process of production, circulation, and consumption.

付加価値税 登録番号（英語：VAT identification number、略称: VATIN、. All prices are in euro (€) and include the relevant VAT (value added tax). Gina Tricot 

A VAT tax, or Value Added Tax, is a taxing method that has been used throughout the world since the 1950s.

The VAT that the consumer pays is on the cost of the product, less than the price of the material used in the product that has already been taxed. What makes VAT different from sales tax is that in sales tax, if the onus of paying the tax was on the end consumer of a product, in VAT, the tax is payable at each step of the supply chain where some value is added to the product until it reaches the end customer. VAT returns must be submitted for every tax period, including periods with no activity; Business enterprises can deduct the VAT they pay on purchases. When businesses have bought goods or services from other parties liable for VAT, they can make deductions from the VAT on their sales. This requires that the business bought the goods or services Value added tax (VAT) is an important component of Indonesia’s tax system and a fundamental element of daily life in Indonesia today. The usual VAT rate in Indonesia is 10%.
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Including VAT (Value Added Tax) rates for Spain, France, Belgium, South Korea, Japan, Pakistan, Singapore and more. 付加価値税（Value-Added Tax：VAT）、もしくは物品サービス税（Goods and Services Tax：GST） かつての日本の経済学では一般売上税（general sales tax; GST）とも呼ばれていた税方式がモデルとなっている。 value added tax (VAT) a tax on consumer expenditure collected on business transactions, imports from outside the EU and acquisitions from other EU countries. All EU countries apply VAT in accordance with the Sixth Directive. Value-Added Tax is commonly known as VAT. VAT is an indirect tax on the consumption of goods and services in the economy.

All EU countries apply VAT in accordance with the Sixth Directive. Value-Added Tax is commonly known as VAT. VAT is an indirect tax on the consumption of goods and services in the economy. Revenue is raised for government by requiring certain businesses to register and to charge VAT on the taxable supplies of goods and services.
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Value added tax (VAT) is an important component of Indonesia’s tax system and a fundamental element of daily life in Indonesia today. The usual VAT rate in Indonesia is 10%. VAT has been used by the government of Indonesia as an important means of contributing to the economic growth of the country.

Keen, Michael and S. Smith .1996. "The Future of Value-added Tax in the European Union," Economic Policy, 23: 375 付加価値税（ふかかちぜい、英: value-added tax, VAT ）または物品サービス税（ぶっぴんサービスぜい、英: goods and services tax, GST ）とは、間接消費税の施行手段のひとつとして一般的な手法である。欧州、日本ほか多くの国家で導入されている 。 Value Added Tax (VAT), also known as Goods and Services Tax (GST) in Canada, is a consumption tax that is assessed on products at each stage of the production process – from labor and raw materials to the sale of the final product.