Sales ta x/Value-added ta x
VAT is an indirect tax, in that the tax is collected from someone who does not bear the
entire cost of the tax.
All economic activities conducted in Tunisia, including industrial and handicraft
activities, liberal or commercial professions, are subject to value-added tax.
Exports by definition are consumed abroad and are usually not subject to VAT and any
VAT charged under such circumstances is usually refundable. This avoids downward
pressure on exports and, ultimately, export-derived income or revenue.
VAT that is charged by a VAT-registered business and paid by its customers is known
as “output VAT” (that is, VAT on its output supplies). VAT that is paid by a business to
other businesses on the supplies that it receives is known as “input VAT” (that is, VAT
on its input supplies). A business is generally able to recover input VAT to the extent
that the input VAT is attributable to (ie, used to make) its taxable outputs. Input VAT
is recovered by setting it against the output VAT for which the business is required to
account to the Tunisian government or, if there is an excess, by claiming a repayment
from the Tunisian government
Sales ta x/Value-added ta x
VAT is an indirect tax, in that the tax is collected from someone who does not bear the
entire cost of the tax.
All economic activities conducted in Tunisia, including industrial and handicraft
activities, liberal or commercial professions, are subject to value-added tax.
Exports by definition are consumed abroad and are usually not subject to VAT and any
VAT charged under such circumstances is usually refundable. This avoids downward
pressure on exports and, ultimately, export-derived income or revenue.
VAT that is charged by a VAT-registered business and paid by its customers is known
as “output VAT” (that is, VAT on its output supplies). VAT that is paid by a business to
other businesses on the supplies that it receives is known as “input VAT” (that is, VAT
on its input supplies). A business is generally able to recover input VAT to the extent
that the input VAT is attributable to (ie, used to make) its taxable outputs. Input VAT
is recovered by setting it against the output VAT for which the business is required to
account to the Tunisian government or, if there is an excess, by claiming a repayment
from the Tunisian government
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