At present, the standard rate of Value-Added-Tax (VAT) in Germany is 19%. In Germany, VAT is collected as Umsatzsteuer (USt). However, there is also a reduced rate of 7%. Germany charges a reduced rate of 7% on some goods and services, for instance, newspapers, accommodation, food, and local transportation. Furthermore, some goods and services are […]
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This blog is dedicated to making VAT calculations crystal clear and more natural. We have been putting our efforts into making calculations easier and simpler through our VAT calculator. Since VAT is implied in a number of countries, especially the countries attached to the European Union, there lays versatility in the rates and legislative structure of VAT among different countries. Along with the calculator, we are doing our thorough research into every country’s value-added taxation rules and providing you composed and compiled information. So you can just give them a read and have the answers to your questions or confusion.
In this section, you will find articles on all the countries where VAT is observed. Each of them includes information about VAT like:
At present, the Standard Rate of VAT in France is 20%. It previously used to be 19.6% but increased to 20% in January of 2014. It is important to realize that Value-Added-Tax (VAT) is called Taxe Sur la Valeur ajoutée (TVA) in France. On the Whole, TVA has four types of Tax Rates: Principle, Reduced, […]
At present, Canada has a mixed Sales Tax System consisting of both Federal and Provincial VAT. A 5% Good and Services Tax (GST), which is the Federal VAT and an 8% Provincial VAT, is currently applicable in Canada. This results in a 13% Harmonized Sales Tax (HST). Provincial Sales Taxes (PST) are provincial or territorial […]
The government charges Consumption Tax on most of the products and services in the Bahamas. In brief, it is levied on the products and services provided by businesses that are registered. Similarly, those services and goods are also charged VAT imported from outside the Bahamas; at present, there are two VAT rates in the Bahamas, […]