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About: Value-added tax (United Kingdom)     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Tax113308999, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: companyyago:WikicatCustomsDutiesyago:WikicatValueAddedTaxesyago:Abstraction100002137yago:Charge113400798yago:Customs113317002yago:Duty113315999yago:IndirectTax113313899yago:Levy113308864yago:Liabilities113396054yago:Possession100032613yago:Relation100031921yago:Tax113308999 New Facet based on Instances of this Class

The European Union value-added tax (or EU VAT) is a value added tax on goods and services within the European Union (EU). The EU's institutions do not collect the tax, but EU member states are each required to adopt in national legislation a value added tax that complies with the EU VAT code. Different rates of VAT apply in different EU member states, ranging from 17% in Luxembourg to 27% in Hungary. The total VAT collected by member states is used as part of the calculation to determine what each state contributes to the EU's budget.