Introduction to the history, legislation and administration of VAT

V1.201 Scope

Value added tax (VAT) operates, in various guises, in an increasing number of countries throughout the world. Although the principles behind the tax are common, the rates, tax base and other facets may vary considerably. This work is therefore confined to VAT as it is applied in the UK and other member states of the European Union (“EU”) under EU and UK national legislation. For details of Community legislation, see V1.220–V1.233. For details of UK legislation, see V1.234–V1.242.

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