value added tax act
1Value Added Tax Act 1994 — (VATA) EC Directive 2006/112/EC (which recast the Sixth VAT Directive (77/388/EEC) with effect from 1 January 2007) is the principal directive governing value added tax and is implemented in the UK by the VATA. It sets out the framework of the… …
2value-added tax — (VAT) a tax levied on the supply of goods or services in the UK and on the importation of goods into the UK. The imposition of VAT was required as a condition of the UK s entry into the European Community, and the original provisions were… …
3Value added tax — Taxation An aspect of fiscal policy …
4Value Added Tax in Madhya Pradesh — MADHYA PRADESH VALUE ADDED TAX ACTVAT Tax payable on value addition. Value Addition is not profit it is difference between sale prices and purchase price.METHODS OF CHARGING VAT1. Subtraction Method In this method tax is charged on difference of… …
5registration for value added tax — An obligation on a person making taxable supplies to register for value added tax if at the end of any month the amount of taxable supplies in the period of 12 months ending in that month exceeds the registration threshold of £60, 000, according… …
6tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 …
7Tax avoidance and tax evasion — Tax avoidance is the legal utilization of the tax regime to one s own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by… …
8Tax-free shopping — refers to the opportunity for customers to purchase goods or services without paying any tax normally collected at retail, such as sales tax, Goods and Services Tax, value added tax, or consumption tax.Tax free shopping in the United StatesTax… …
9Tax protester statutory arguments — Part of the Taxation in the United States series Tax protest in the United States …
10Tax — Taxation An aspect of fiscal policy …
