Value Added Tax - translation to greek
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Value Added Tax - translation to greek

IN ECONOMICS
Value-add; Value-added; Value added good; Value add; Added cost; Value added ratio; Value-Added; Value-adding; Add value; VALUE ADDED ACTIVITY; Value added product; Value-added product

Value Added Tax      
φ π α
poll tax         
  • r=0}}}} today)
TAX WHICH IS THE SAME FOR EVERY LIABLE INDIVIDUAL
Poll taxes; Poll Tax; Head tax; Poll tax collector; Polltax; Pole tax; Head Tax; Capitation tax; Poll-tax; Lumpsum tax; Lump-sum subsidy; Lump-sum redistribution; Per capita tax; Tax per head; Capitation taxes
κεφαλικός φόρος
at par         
STATED VALUE OR FACE VALUE
At par; Under par; Over par; Par-value stock; Stock value; Par exchange rate
στην ονομαστική αξία

Definition

value added tax

Wikipedia

Value added

Value added is a term in financial economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed to the supply-demand curve for specific units of sale. It represents a market equilibrium view of production economics and financial analysis. Value added is distinguished from the accounting term added value which measures only the financial profits earned upon transformational processes for specific items of sale that are available on the market.

In business, total value added is calculated by tabulating the unit value added (measured by summing unit profit — the difference between sale price and production cost, unit depreciation cost, and unit labor cost) per each unit sold. Thus, total value added is equivalent to revenue minus intermediate consumption. Value added is a higher portion of revenue for integrated companies (e.g. manufacturing companies) and a lower portion of revenue for less integrated companies (e.g. retail companies); total value added is very nearly approximated by compensation of employees, which represents a return to labor, plus earnings before taxes, representative of a return to capital.

Examples of use of Value Added Tax
1. Russian banks face a crunch period in October, when quarterly value added tax payments are due.
2. The International Monetary Fund (IMF) has criticized Ankara‘s value–added tax cut for t...
3. Shatalov reiterated that the ministry opposed lowering the value–added tax.
4. The VAT is the value added tax, paid by consumers when they buy things.
5. He abolished purchase tax and the selective employment tax, and replaced them with value added tax.