What is vat? i hear it used on british comedies?
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and wonder what it is.
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Answer:
Tax put on certain items a bit like sales tax in USA only more
Alison J at Yahoo! Answers Visit the source
Other answers
It is similar to sales tax. It is computed differently, but the difference is not relevant to the comedy.
StephenWeinstein
Value Added Taxes?
Lindsey
It is a value added tax, popular in Europe.
David14
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