ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 0 Economia Aziendale ITC...

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


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.



• 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.



• 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.



• 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.



Added to the price = aggiunto al prezzo

Advantage = vantaggio

Amount = ammontare

Base price

= compratoreBuyer

= prezzo base



= added to the priceAggiunto al prezzo

= advantageVantaggio

= amountAmmontare

= base price

Compratore = buyer

Prezzo base



= calcoloCalculation

= azienda, impresaCompany

= consumatoreConsumer

= imposta al consumo

Customer = cliente

Consumption tax



Calcolo = calculation

Azienda, impresa = company

Consumatore = consumer

Imposta al consumo

= customerCliente

= consumption tax



End consumer = consumatore finale

Exempt = esente

Exemption = esenzione

Form of taxation

= bene (economico), merceGood

= forma di tassazione



= end consumerConsumatore finale

= exemptEsente

= exemptionEsenzione

= form of taxation

Bene (economico), merce = good

Forma di tassazione



= agenzia governativaGovernment agency

= fabbricazioneManufacture

= leggeLaw

= forma di tassazione

Point of purchase = punto di acquisto

Percentage rate



Agenzia governativa = government agency

Fabbricazione = manufacture

Legge = law

Forma di tassazione

= point of purchase Punto di acquisto

= percentage rate



Point of sale = punto di vendita

Purchaser = acquirente

Purchase price = prezzo di acquisto

Rate

= vendita, cessione Sale

= tasso



= point of salePunto di vendita

= purchaserAcquirente

= purchase pricePrezzo di acquisto

= rate

Vendita, cessione = sale

Tasso



= prezzo di venditaSale price

= tassa sulle venditeSales tax

= venditoreSeller

= prezzo di vendita

Service = servizio

Selling price



Prezzo di vendita = sale price

Tassa sulle vendite = sales tax

Venditore = seller

Prezzo di vendita

= serviceServizio

= selling price



Taxable price = prezzo imponibile

Tax amount = ammontare della tassa

Tax-inclusive = tassa inclusa

To apply

= evitareTo avoid

= applicare



= taxable pricePrezzo imponibile

= tax amountAmmontare della tassa

= tax-inclusiveTassa inclusa

= to apply

Evitare = to avoid

Applicare



= calcolareTo calculate

= vendereTo sell

= valore aggiuntoValue added

= imposta sul valore aggiunto

VAT = IVA

Value added tax



Calcolare = to calculate

Vendere = to sell

Valore aggiunto = value added

Imposta sul valore aggiunto

= VATIVA

= value added tax

ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 0 Economia Aziendale ITC...

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