Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this comprehensive guide.

Although there are examples within the EU of value-added tax on food being reduced, there is still no clear evidence as to ...

A value added tax (VAT) is a form of consumption tax. As a buyer, it is a tax on the purchase price. As a seller, it is a tax on the "value added" to a product, material or service at his/her ...

Current as of 3 November 2016 Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are ...

Lower capacity countries often struggle to administer the Value Added Tax (VAT) in the extractive industries, partly due to the large VAT refunds needs of this capital and export-intensive sector.

Globally, value-added taxes amount to 20 percent or more of total tax revenue in 21 of the 37 Organization for Economic Cooperation and Development countries that operate a VAT.

The Value-Added Tax (VAT) Improvement Program: Raising the operational efficacy of the VAT administration in Bangladesh Bangladesh has a weak and inequitable tax system. This undermines domestic ...

Does the design of a tax matter for growth? Assembling a novel dataset for 30 OECD countries over the 1970-2016 period, this paper examines whether the value added tax (VAT) may have different effects ...