Value-Added Tax (VAT)

Value-Added Tax (VAT),

Value-Added Tax (VAT) Definition:

Value-Added Tax (VAT) means: Brian Barnier is the chief analyst at Value Bridge Advisors, co-founder and editor-in-chief of FedishBoard.com, and a visiting professor at Colin Powell School, City University, New York City.

  • At every point in the supply chain where a price is added, a product is subject to sales tax or sales tax.
  • Proponents of VAT claim that it has increased government revenue without compromising success or prosperity, while critics say that VAT increases economic pressure on low-income taxpayers and places a bureaucratic burden on businesses.
  • Although many developed countries have sales taxes, the United States does not.

Value-Added Tax (VAT) means, A popular European tax applied to a product at each stage of production depends on the total production of the product at each stage. The consumer pays the tax that is collected at the point of sale. For example, when the body is assembled, when the engine is added and when the car is painted and the buyer pays all these taxes to the dealer who leaves them to the government, the tax is added to the car. can go.

Value-Added Tax (VAT) refers to The consumer tax that is collected for VALUE is included in every step of the preparation of the product as well as at the time of purchase of the end user.

Literal Meanings of Value-Added Tax (VAT)

Value:

Meanings of Value:
  1. Respect that something should be worthy of its importance, value or usefulness.

  2. Principles or principles of a person's behavior decide something important in life.

  3. A numerical quantity is called an algebraic term, quantity, quantity or numbers.

  4. The relative duration of the voice represented by a note.

  5. Defining financial value (something)

Sentences of Value
  1. Your cooperation is invaluable

  2. Rhythm values ​​are quarter note, eighth note and semitone, and only the basic finger pattern is used for the first melody.

  3. In either case, the order references depend on the previous usage and the value of the word.

  4. With the lack of landscape, artists use adjacent colorful values

  5. She began to value her privacy and her freedom

Synonyms of Value

worth one's weight in gold, benefit, merit, rules of conduct, sense, prized, worth its weight in gold, appraise, use, avail, cost out, moral code, significance, moral values, code of behaviour, ethics, gain, profit, point, precious, assistance, treasured, advantage, worth

Added:

Meanings of Added:
  1. It means an element of quality improvement or improvement.

Tax:

Meanings of Tax:
  1. Mandatory contribution to government revenue that is collected by the government on employee income and company profits or added to the cost of certain goods, services and transactions.

  2. Stress or demand.

  3. Collecting tax on (someone else or something)

  4. Create requirements (a person's strength or resources)

  5. Facing someone's fault or crime.

  6. Investigation and evaluation (case cost)

Sentences of Tax
  1. Higher taxes reduce consumer spending

  2. Heavy tax on reader's attention

  3. Hardware and software are subject to 7.5% tax

  4. He knew that the next test would force all his strength

  5. Why are you accusing me of this meaningless accusation?

  6. Agents who charge cost accounting taxes

Synonyms of Tax

excise, pressure, demand, tariff, assessment, denounce, impost, tribute, stretch, condemn, weigh down, confront, weigh heavily on, weight, encumbrance, demand a tax on, load, imposition, strain, blame, drain, duty, tithe, contribution, impose a toll on, fee

VAT:

Meanings of VAT:
  1. Large reservoirs or tubs where liquids are stored, especially in industry.

  2. Water-soluble dyes, such as indigo, are applied to the fabric in a reducing bath, which converts them into a soluble form, the color of which is obtained by oxidation as a result of the fibers of the fabric.

  3. Put in the tank or for breakfast.

  4. Value added tax.

Sentences of VAT
  1. Whirlpool

  2. However, according to him, people prefer natural colors such as indigofira, noni fruits and roots, cashew leaves and teak.

  3. The wine is stored for 15 to 21 days and then brewed in small barrels

Synonyms of VAT

drum, tub, steeper, cistern, basin, tank, boiler, bin, canister