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VAT was introduced on 1 January 1997 and replaced 11 other taxes. [44] The original rate of 15% was increased to 17.5% in 2011. [ 45 ] The rate on restaurant and hotel accommodations is between 10% and 15% while certain foods and goods are zero-rated. [ 46 ]
Value Added Tax termed 'Goods and Services and Sales Tax on Luxury Goods' Law ("Undang-undang Pajak Pertambahan Nilai atas Barang dan Jasa dan Pajak Penjualan atas Barang Mewah"/UU PPN and PPn BM): Law No. 8/1983, amended I by Law No. 11/1994, amended II by Law No. 18/2000, amended III by Law No. 42/2009, partially amended by Law No. 7/2021;
For example, the conversion factor between a mass fraction of 1 ppb and a mole fraction of 1 ppb is about 4.7 for the greenhouse gas CFC-11 in air (Molar mass of CFC-11 / Mean molar mass of air = 137.368 / 28.97 = 4.74). For volume fraction, the suffix "V" or "v" is sometimes appended to the parts-per notation (e.g. ppmV, ppbv, pptv).
[4] [7] [11] The additional revenue was used to pay for a reduction in the hugely unpopular community charge (the "poll tax"). [11] During the 1992 general election the Conservatives promised not to extend the scope of VAT but in March 1993, Lamont announced that domestic fuel and power, which had previously been zero-rated, would have VAT ...
Goods and Services Tax (GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [1]
In most forms of English, percent is usually written as two words (per cent), although percentage and percentile are written as one word. [9] In American English, percent is the most common variant [10] (but per mille is written as two words). In the early 20th century, there was a dotted abbreviation form "per cent.", as opposed to "per cent".
In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects. [1]
A related concept is one part per ten thousand, 1 / 10,000 .The same unit is also (rarely) called a permyriad, literally meaning "for (every) myriad (ten thousand)". [4] [5] If used interchangeably with basis point, the permyriad is potentially confusing because an increase of one basis point to a 10 basis point value is generally understood to mean an increase to 11 basis points; not ...