Tag Archives: Tax

Australian Goods and Service Tax Basics

Goods and Services Tax is part of a taxation system governed by the Australian Tax Office (ATO). The tax applies to all product and service purchases at a rate of 10% including those take place between suppliers, manufacturers and retailers. … Continue reading

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The Relevance of Implementing Value Added Tax Or VAT on Goods and Services

Economists in the government had come up with a good way of funding the biggest deficit in the history of United States, and that is through value added tax, shortened to VAT, which is also called national sales tax. Advocates … Continue reading

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