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A value-added tax identification number or VAT identification number (VATIN [1]) is an identifier used in many countries, including the countries of the European Union, for value-added tax purposes. In the EU, a VAT identification number can be verified online at the EU's official VIES [2] website. It confirms that the number is currently ...
The VAT Information Exchange System (VIES) is an electronic means of transmitting information relating to VAT registration (i.e., validity of VAT numbers) of companies registered in the European Union. EU law requires that, where goods or services are procured within the EU by a VAT taxpayer, VAT must be paid only in the member state where the ...
List of EU VAT Taxpayers – includes those Polish taxpayers who obtained registration allowing to perform intra-community supply transactions and to use their NIP with the PL-prefix as their EU VAT number; not mandatory for VAT-exempt entities involved in intra-community supply transactions worth altogether less than 50000PLN in the given year ...
This system remains today, with a separate Registrar of Companies for England and Wales, Scotland, and Northern Ireland; [22] 'Companies House' is merely a brand adopted by the registrars. [23] Company registration in Scotland commenced in 1856, with the first company registered being the Daily Bulletin Company Limited, a newspaper publisher. [24]
VAT is an indirect tax because the tax is paid to the government by the seller (the business) rather than the person who ultimately bears the economic burden of the tax (the consumer). [4] Opponents of VAT claim it is a regressive tax because the poorest people spend a higher proportion of their disposable income on VAT than the richest people. [5]
Private company limited by guarantee- members’ liability is limited by the amount they have agreed to contribute to the company's assets if it is wound up. This includes all RTM (Right to Manage companies, common hold associations and those community interest companies which are companies limited by guarantee.
If this was just five years ago, let alone 10 or 20, the prospect of 72-year-old Bill Belichick as a college football coach would have been more about a splashy hire than the promise of great success.
Anyone who collects VAT becomes a VAT Trustee if they: register and collect a Business Identification Number (BIN) from the NBR; submit VAT returns on time; offer VAT receipts; store all cash-memos; and use the VAT rebate system responsibly. VAT Mentors work in the VAT or Customs department and deal with trustees. The VAT rate is a flat 15%.
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