[responsive_menu_pro]

What is the difference between VAT and Sales Tax?

VAT charges a percentage at the sales price at every level of production of a good or service with deduction of the VAT remitted in the previous stage, (eliminating double taxation)
Sales tax is a consumption tax which is levied at the point of sale and only charged to the end user.

SUBSCRIBE TO GLOBAL VAT NEWSLETTER

Get the latest VAT information directly in your inbox and stay up to date with all VAT developments around the world.

You have Successfully Subscribed!

download dac7 report

Free Download - DAC7 Report

New DAC7 reporting obligations for online platforms and marketplaces came into effect! Learn all about it in our DAC7 report

You have Successfully Subscribed!