What is Vat?
VAT (Value Added Tax), this tax is paid completely by the customer when he buys the product. In addition to that, the price of VAT varies with the price of the product, VAT is charged on most goods and services.
VAT is the most common consumption tax in the world and is enforced in more than 150 countries. The U.S. is the only developed country in the world that doesn’t use VAT.
Use our simple VAT calculator to calculate the VAT contained within a total amount, or the VAT charged on a net amount.