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What does VAT stand for?

What does VAT mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: VAT.

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What does VAT mean?

VAT, value-added tax, ad valorem tax(noun)
a tax levied on the difference between a commodity's price before taxes and its cost of production

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"VAT." Abbreviations.com. STANDS4 LLC, 2017. Web. 22 Sep. 2017. <http://www.abbreviations.com/VAT>.