In about 100 words, explain how a value-added tax (VAT) is calculated and collected. In your answer,

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In about 100 words, explain how a value-added tax (VAT) is calculated and collected. In your answer, contrast the use of a VAT with the use of a combined system of sales taxes and income taxes

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Electronic Commerce

ISBN: 9781305867819

12th Edition

Authors: Gary Schneider

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Question Posted: Apr 06, 2023 10:42 AM

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In about 100 words, explain how a value-added tax (VAT) is calculated and collected. In your answer,

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A valueadded tax VAT is a consumption tax on goods and services which is applied at every stage of ...View the full answer

Electronic Commerce

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