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Value-added tax
Commonly known as VAT, is a tax that is added to a product at each point of its production. Ex. Beer, would have multiple points of production growing the hops, brewing the beer and finally bottling the beer.
Commonly known as VAT, is a tax that is added to a product at each point of its production. Ex. Beer, would have multiple points of production growing the hops, brewing the beer and finally bottling the beer.