A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and …

Aug 3, 2025 · Value-added tax (VAT) is a consumption tax levied on goods and services at every stage of the supply chain where value is added, from production to the point of sale. Unlike a …

Here’s what VAT is, how it works, and how you might be able to get your money back. What is value-added tax (VAT)? A value-added tax (VAT) is a tax on products or services when sellers …

Mar 13, 2025 · VAT is a comprehensive, indirect consumption tax imposed by more than 170 countries on sales or exchanges and imports. In some countries it’s referred to as the “goods …

Aug 8, 2024 · Value-added tax (VAT) is a consumption tax applied to goods and services at each stage of the production and distribution process, from the manufacturer to the wholesaler to …

Jun 17, 2025 · Value-added tax (VAT) is a tax on goods and services, not unlike a sales tax but with some major differences. While the U.S. doesn’t levy a VAT, this type of tax exists in many …

A Value-Added Tax (VAT) is a consumption tax assessed on the value added in each production stage of a good or service.