ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 1

Economia Aziendale

ITC - Lucio Lombardo

Radice Roma

3 F sistemi informativi

2012-2013

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 2

Value Added Tax (VAT)Value Added Tax (VAT)

• A sales tax is a tax, usually paid by the consumer at the point of

purchase, for some goods and service, separately from the base price;

the tax amount is usually calculated by applying a percentage rate

to the taxable price of sale.

• A portion of the sale may be exempt from the calculation of tax, because

sales tax laws usually contain a list of exemptions.

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 3

Value Added Tax (VAT)Value Added Tax (VAT)

• Laws governing the tax may require it to be included in the price,

tax-inclusive, or added to the price at the point of sale.

• Most sales taxes are collected from the buyer by the seller, who remits

the tax to a government agency. Sales taxes are commonly charged on

sales of goods, but many sales taxes are also charged on sales of services.

• Advantages that a sales tax generally has over other forms of taxation are

that it is difficult to avoid, and simple to calculate.

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 4

Value Added Tax (VAT)Value Added Tax (VAT)

• A value added tax (VAT) is a form of consumption tax.

• From the perspective of the buyer, it is a tax on the purchase price.

• From the perspective of the seller, it is a tax only on the “value added” to a

product, material or service. The manufactures remit to the government the

difference between the amount of the sales taxes and the taxes they had

previously paid on the inputs.

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 5

Value Added Tax (VAT)Value Added Tax (VAT)

• The “value added” to a product by a company is the value of goods

and services sold to its customer, minus the cost of materials and

other taxable inputs.

• A VAT is like a consumption tax since ultimately only the end

consumer is taxed.

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 6

Value Added Tax (VAT)Value Added Tax (VAT)

Added to the price = aggiunto al prezzo

Advantage = vantaggio

Amount = ammontare

Base price

= compratoreBuyer

= prezzo base

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 7

Value Added Tax (VAT)Value Added Tax (VAT)

= added to the priceAggiunto al prezzo

= advantageVantaggio

= amountAmmontare

= base price

Compratore = buyer

Prezzo base

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 8

Value Added Tax (VAT)Value Added Tax (VAT)

= calcoloCalculation

= azienda, impresaCompany

= consumatoreConsumer

= imposta al consumo

Customer = cliente

Consumption tax

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 9

Value Added Tax (VAT)Value Added Tax (VAT)

Calcolo = calculation

Azienda, impresa = company

Consumatore = consumer

Imposta al consumo

= customerCliente

= consumption tax

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 10

Value Added Tax (VAT)Value Added Tax (VAT)

End consumer = consumatore finale

Exempt = esente

Exemption = esenzione

Form of taxation

= bene (economico), merceGood

= forma di tassazione

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 11

Value Added Tax (VAT)Value Added Tax (VAT)

= end consumerConsumatore finale

= exemptEsente

= exemptionEsenzione

= form of taxation

Bene (economico), merce = good

Forma di tassazione

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 12

Value Added Tax (VAT)Value Added Tax (VAT)

= agenzia governativaGovernment agency

= fabbricazioneManufacture

= leggeLaw

= forma di tassazione

Point of purchase = punto di acquisto

Percentage rate

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 13

Value Added Tax (VAT)Value Added Tax (VAT)

Agenzia governativa = government agency

Fabbricazione = manufacture

Legge = law

Forma di tassazione

= point of purchase Punto di acquisto

= percentage rate

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 14

Value Added Tax (VAT)Value Added Tax (VAT)

Point of sale = punto di vendita

Purchaser = acquirente

Purchase price = prezzo di acquisto

Rate

= vendita, cessione Sale

= tasso

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 15

Value Added Tax (VAT)Value Added Tax (VAT)

= point of salePunto di vendita

= purchaserAcquirente

= purchase pricePrezzo di acquisto

= rate

Vendita, cessione = sale

Tasso

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 16

Value Added Tax (VAT)Value Added Tax (VAT)

= prezzo di venditaSale price

= tassa sulle venditeSales tax

= venditoreSeller

= prezzo di vendita

Service = servizio

Selling price

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 17

Value Added Tax (VAT)Value Added Tax (VAT)

Prezzo di vendita = sale price

Tassa sulle vendite = sales tax

Venditore = seller

Prezzo di vendita

= serviceServizio

= selling price

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 18

Value Added Tax (VAT)Value Added Tax (VAT)

Taxable price = prezzo imponibile

Tax amount = ammontare della tassa

Tax-inclusive = tassa inclusa

To apply

= evitareTo avoid

= applicare

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 19

Value Added Tax (VAT)Value Added Tax (VAT)

= taxable pricePrezzo imponibile

= tax amountAmmontare della tassa

= tax-inclusiveTassa inclusa

= to apply

Evitare = to avoid

Applicare

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 20

Value Added Tax (VAT)Value Added Tax (VAT)

= calcolareTo calculate

= vendereTo sell

= valore aggiuntoValue added

= imposta sul valore aggiunto

VAT = IVA

Value added tax

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 21

Value Added Tax (VAT)Value Added Tax (VAT)

Calcolare = to calculate

Vendere = to sell

Valore aggiunto = value added

Imposta sul valore aggiunto

= VATIVA

= value added tax