This document discusses business tax and value-added tax (VAT). It provides a lecture on VAT, covering how it applies to businesses and is calculated at each stage of production and distribution. The VAT aims to be a broad-based consumption tax applied throughout the production and distribution process.
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Business Tax: Vat Lecture
This document discusses business tax and value-added tax (VAT). It provides a lecture on VAT, covering how it applies to businesses and is calculated at each stage of production and distribution. The VAT aims to be a broad-based consumption tax applied throughout the production and distribution process.
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