Value-added taxes (VAT), which are a type of consumption tax, are major sources of revenue for countries in the Organization for Economic Co-operation and Development (OECD), among other regions.

Al-Habshi went on to note that the VAT Calculator is designed to be easy to use, and will be available on the FTA website, under the “Getting Help” tab. Once accessed, the page displays a box where ...

A VAT, because it touches every transaction, is just that: The Congressional Research Service estimates that each one percent of a value-added tax would raise $50 billion. That's real money.

The Businessmentals Value Added Tax (VAT) calculator App is now available for Android devices ...

Value-Added Tax (VAT): What it is and how to get it refunded if you shop while traveling What is a Value-Added Tax (VAT) and can I get it refunded? Updated Thu, Mar 6 2025.

In Europe, VAT rates vary by country, but on average are about 20 percent — far higher than sales taxes in the United States, which averaged 6.6 percent in 2023, according to the Tax Foundation.

Work out how much VAT you'll need to pay on top of a builder's quote or on other purchases. Different rates of VAT apply to different goods and services. There are currently three rates - the ...