Value-Added-Tax Definition

Below please find a definition of “Value-Added-Tax”

Financial Analysis Training & Glossary TermsValue-Added-Tax: It is very common practice to add a tax also known as consumption tax to a product when it reaches the final stage of production or is ready for final sale to customers. This consumption tax is termed as value-added-tax. For example if a television company is built by a company in Europe, a value-added-tax is applied to the product before it is made available to the consumer. The consumer has to pay for the value-added-tax that is applicable to them.

Free MP3 Download:  To download our free 35 minute audio interview with expert Richard C. Wilson on how to succeed in the field of finance please click here.

Fast Financial Training: If you want to take your finance or business career to the next level you should explore our financial analysis certification program, or our training programs on financial modeling, investment banking, hedge funds, or private equity. All of these programs are offered on http://BusinessTraining.com

Expand Your Financial Vocabulary: Read more finance terms and definitions

Tags:  What is value-added-tax?, Meaning of value-added-tax, Define value-added-tax, Value-added-tax definition, Value-added-tax example, Value-added-tax receipt

About Richard Wilson