Value Added Tax
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Value Added Tax, or VAT, is a tax set forth by the Country Administration that increases the selling price of items at the marketplace. Tax revenue is added to the country's account.
Example: If a company decides to sell one unit of Food for $1.00, and the countries VAT for food is 5%, then the offer at the marketplace would be $1.05.
Tax rates can be viewed by clicking on the Economy under the Info tab.
VAT is not added to the price of raw materials.
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