Valued Added Tax (VAT) is an indirect tax which is imposed on goods and services at each stage of production, starting from raw materials to final product. Companies that supply goods or provide services pay VAT to the national tax administration after deducting the VAT that they have already paid to their suppliers. Consumers pay VAT in the form of a percentage addition to the final price of goods or services.
A If you are interested in finding out which verbs collocate with the word VAT, do the following exercise.
Ova objava sadrži:business world, COMPANIES, engleski jezik, Legal English, PRODUCT, sentences, Smart, SMART Business, Smart Grupa, SMART jezici, tečaj engleskog jezika, VALUE
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