Value Added Tax

VAT. A consumption Tax which is levied at each stage of production based on the value added to the product at that stage.

Related Terms: 3 ACH, Base, Tax

Other Related Pages: Category: Taxes Starting With: V

Additional Related Terms: ACH, Accreted value, Accrual of discount, After-tax basis, Amortization of premium, Amortized value, At par, At best, At call, Accumulated earnings tax