IEEE - Value Added Tax (VAT) and Goods and Services Tax (GST)

IEEE - Value Added Tax (VAT) and Goods and Services Tax (GST) www.revenue.ie/en/tax/vat/guide/general.html Value added tax (VAT), or goods and services tax (GST) is a consumption tax levied on any value that is added to a product. A VAT is an indirect tax, in that the tax is collected from someone who does not bear the entire cost of the tax. Typically non-U.S. consumption taxes imposed on sales of goods