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21 Which of the following defines value add tax (VAT)? a. tax assessed on income after expenses b. sales tax assessed on the value of

21 Which of the following defines value add tax (VAT)? a. tax assessed on income after expenses b. sales tax assessed on the value of the purchased good c. tax assessed on gross sales (value of products sold) d. tax assessed on the value added through production (at every stage)

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