Value Added Taxes, including: Value Added Tax, Goods And Services Tax (canada), Harmonized Sales Tax, Goods And Services Tax (australia), Goods And ... The Channel Islands, Missing Trader Fraud

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More info: A value added tax (VAT) is a form of consumption tax. It is a tax on the estimated market value added to a product or material at each stage of its manufacture or distribution, ultimately passed on to the consumer. It differs from a sales tax, which is levied only at the point of purchase.