X Marks the Scot - An on-line community of kilt wearers.
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26th February 09, 03:40 PM
#9
Hi Derek,
VAT = Value Added Tax - Was originally introduced as a Pan-European tax by all the then EEC countries to pay for the running of the EEC. The rates vary across Europe but are only applicable to the residents of the EEC nations, US citizens are exempt.
Regards
Chas
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