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VAT in Banking Meaning

The VAT meaning in Banking terms is "Value-Addedctax". There are 2 related meanings of the VAT Banking abbreviation.

VAT on Banking Full Forms

  1. Value-Addedctax
  2. Value Added Tax A form of indirect sales tax paid on products and services at each stage of production or distribution, based on the value added at that stage and included in the cost to the ultimate customer.

Frequently Asked Questions (FAQ)

  1. What does VAT stand for Banking?

    VAT stands for Value Added Tax in Banking terms.

  2. What is the shortened form of Value Added Tax in Banking?

    The short form of "Value Added Tax" is VAT for Banking.

Citation

VAT in Banking. Acronym24.com. (2021, May 3). Retrieved December 23, 2024 from https://acronym24.com/vat-meaning-in-banking/

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