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← Glossary
Enty's Business Glossary:

VAT

VAT (value-added tax) is a consumption tax placed on a product whenever a value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, minus any of the costs of materials used in the product that has already been taxed.
VAT
VAT (value-added tax) is a consumption tax placed on a product whenever a value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, minus any of the costs of materials used in the product that has already been taxed.
Back to GlossaryExplore Our Complete Article About VAT in Estonia
Explore Our Complete Article About VAT in Estonia
Explore terms related to the accounting process and taxation:
Accounting
Accounting Period
Annual Report
Financial Management
Reporting
Tax Declaration
Tax Holiday
Tax Year
Tax-free Income
VAT
VAT Payer
Accounting
Accounting Period
Annual Report
Financial Management
Reporting
Tax Declaration
Tax Holiday
Tax Year
Tax-free Income
VAT
VAT Payer