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WHAT IS VAT?WHAT IS VAT?Posted Dec 6, 2002 14:24 UTC (Fri) by nowster (subscriber, #67)In reply to: WHAT IS VAT? by smoogen Parent article: Coming soon: gnucash 1.8 Sales tax, which unlike in the US, is the "label price" of a product. Businesses can recover the VAT they pay for goods and services against the VAT they pay to the tax man on goods and services that they sell.
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