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What is VAT and GST 2024?

Noah Johnson | 2023-05-07 14:46:43 | page views：1336
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Ethan Hall

Studied at the University of Melbourne, Lives in Melbourne, Australia.
VAT and GST is a tax on consumer expenditures and in theory should not fall on business activities. This is achieved by the input/output system: When a business operating in a VAT/GST country buys goods or services, it pays tax to the supplier, which is called an input tax.
2023-05-14 14:46:43
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Isabella Harris

QuesHub.com delivers expert answers and knowledge to you.
VAT and GST is a tax on consumer expenditures and in theory should not fall on business activities. This is achieved by the input/output system: When a business operating in a VAT/GST country buys goods or services, it pays tax to the supplier, which is called an input tax.
IEEE - Value Added Tax (VAT) and Goods and Services Tax (GST)
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