enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    Goods and Services Tax (GST; Māori: Tāke hokohoko) is a value-added tax or consumption tax for goods and services consumed in New Zealand. GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [ 75 ]

  3. European Union value added tax - Wikipedia

    en.wikipedia.org/wiki/European_Union_value_added_tax

    The EU value-added tax is based on the "destination principle": the value-added tax is paid to the government of the country in which the consumer who buys the product lives. Businesses selling a product charge the VAT and the customer pays it. When the customer is a business, the VAT is known as an "input VAT."

  4. Ad valorem tax - Wikipedia

    en.wikipedia.org/wiki/Ad_valorem_tax

    The Goods and Services Tax is a value-added tax of 10% on most goods and services sold in Australia. It was introduced by the Howard Government on 1 July 2000, replacing the previous federal wholesale sales tax system and designed to phase out the various state and territory taxes such as banking taxes, stamp duty and land value tax. While this ...

  5. In the end, the only major difference between a value-added tax and a sales tax is the way in which it’s collected. While a sales tax is paid in full by the consumer at the point of sale, a ...

  6. Indirect tax - Wikipedia

    en.wikipedia.org/wiki/Indirect_tax

    An indirect tax (such as a sales tax, per unit tax, value-added tax (VAT), excise tax, consumption tax, or tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service purchased. Alternatively, if the entity who pays taxes to the tax ...

  7. Consumption tax - Wikipedia

    en.wikipedia.org/wiki/Consumption_tax

    A value-added tax may exclude certain goods to make it less regressive against income. It is common in European Union countries. Value added tax is a consumption based tax and is levied each and every time the value of a good gets increased in the process of manufacturing to the point of sale.

  8. Value added - Wikipedia

    en.wikipedia.org/wiki/Value_added

    Value added is a term in financial economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed to the supply-demand curve for specific units of sale. [ 1 ]

  9. Ad Valorem Tax: Definition, Uses and Examples - AOL

    www.aol.com/finance/ad-valorem-tax-definition...

    Continue reading → The post Ad Valorem Tax: Definition, Uses and Examples appeared first on SmartAsset Blog. ... you pay a $5 tax when you buy it. With a value added tax, the seller pays the tax ...