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The value added tax (VAT) — indirect tax, a form of appropriation by the state of the value of the goods, works or services, which is created at all stages of the production process of goods, works and services and entered in the budget for implementation.
the result of the application of VAT the final consumer of the goods, works or services shall pay the seller the tax on the entire value of acquired benefit, however, to budget this amount begins to flow earlier the final implementation, because the tax on their part of the value added to the cost of purchased raw materials, works and / or services necessary for the production, paid to the budget and anyone involved in the production of goods, works or services at different stages.
the Tax rate of VAT in Russia is 18 % and is the default if the operation is not included in the list of taxable at the rate of 10 %.
Category
Latest Version
1.0.1
Updated on
2020-10-31
Uploaded by
Binarysimple
Requires Android
Android 4.1 and up
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