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2. LedgerSMB - Wikipedia

   en.wikipedia.org/wiki/LedgerSMB

   LedgerSMB supports multiple currencies, multiple sales or VAT tax rates and per-user language and locale (number formatting) settings. It also supports per-customer language settings, so invoices can be translated into various languages when printed, and per-language invoice templates are also an option.

3. Value-added tax - Wikipedia

   en.wikipedia.org/wiki/Value-added_tax

   VAT can be accounts-based or invoice-based. [9] All VAT-collecting countries except Japan use the invoice method. [10] [11] [12] Using invoices, each seller pays VAT on their sales and passes the buyer an invoice that indicates the amount of tax paid excluding deductions (input tax).

4. VAT identification number - Wikipedia

   en.wikipedia.org/wiki/VAT_identification_number

   A value-added tax identification number or VAT identification number (VATIN [1]) 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 confirms that the number is currently ...

5. Invoice - Wikipedia

   en.wikipedia.org/wiki/Invoice

   Self-billing invoice - A self billing invoice is used when a buyer issues the invoice to themselves (e.g. according to the consumption levels he is taking out of a vendor-managed inventory stock). [9] The buyer (i.e. the issuer) should treat the invoice as an account payable and the seller should treat it as an account receivable.

6. Commercial invoice - Wikipedia

   en.wikipedia.org/wiki/Commercial_invoice

   A commercial invoice must often include a statement certifying that the invoice is true, and a signature. A commercial invoice is used to calculate tariffs, international commercial terms, and is commonly used for customs purposes. Commercial Invoices are generally not needed for shipments between EU Countries—just between EU Countries and ...

7. Value-added tax in the United Kingdom - Wikipedia

   en.wikipedia.org/wiki/Value-added_tax_in_the...

   VAT is an indirect tax because the tax is paid to the government by the seller (the business) rather than the person who ultimately bears the economic burden of the tax (the consumer). [4] Opponents of VAT claim it is a regressive tax because the poorest people spend a higher proportion of their disposable income on VAT than the richest people. [5]