What is Value Add Tax, or VAT?
Value Add Tax, or VAT is a tax that's charged on most business transactions in the UK and European Union. Businesses add VAT to the price they charge when they provide goods and services.
© 2011-2013 Rackspace US, Inc.
Except where otherwise noted, content on this site is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License
See license specifics and DISCLAIMER