1. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 0 Economia Aziendale ITC - Lucio Lombardo Radice Roma 3 F sistemi informativi 2012-2013

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

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

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

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

6. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 5 Value Added Tax (VAT) Added to the price= aggiunto al prezzo Advantage= vantaggio Amount= ammontare Base price = compratoreBuyer = prezzo base

7. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 6 Value Added Tax (VAT) = added to the priceAggiunto al prezzo = advantageVantaggio = amountAmmontare = base price Compratore= buyer Prezzo base

8. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 7 Value Added Tax (VAT) = calcoloCalculation = azienda, impresaCompany = consumatoreConsumer = imposta al consumo Customer= cliente Consumption tax

9. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 8 Value Added Tax (VAT) Calcolo= calculation Azienda, impresa= company Consumatore= consumer Imposta al consumo = customerCliente = consumption tax

10. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 9 Value Added Tax (VAT) End consumer= consumatore finale Exempt= esente Exemption= esenzione Form of taxation = bene (economico), merceGood = forma di tassazione

11. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 10 Value Added Tax (VAT) = end consumerConsumatore finale = exemptEsente = exemptionEsenzione = form of taxation Bene (economico), merce = good Forma di tassazione

12. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 11 Value Added Tax (VAT) = agenzia governativaGovernment agency = fabbricazioneManufacture = leggeLaw = forma di tassazione Point of purchase = punto di acquisto Percentage rate

13. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 12 Value Added Tax (VAT) Agenzia governativa= government agency Fabbricazione= manufacture Legge= law Forma di tassazione = point of purchase Punto di acquisto = percentage rate

14. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 13 Value Added Tax (VAT) Point of sale= punto di vendita Purchaser= acquirente Purchase price= prezzo di acquisto Rate = vendita, cessione Sale = tasso

15. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 14 Value Added Tax (VAT) = point of salePunto di vendita = purchaserAcquirente = purchase pricePrezzo di acquisto = rate Vendita, cessione= sale Tasso

16. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 15 Value Added Tax (VAT) = prezzo di venditaSale price = tassa sulle venditeSales tax = venditoreSeller = prezzo di vendita Service= servizio Selling price

17. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 16 Value Added Tax (VAT) Prezzo di vendita= sale price Tassa sulle vendite= sales tax Venditore= seller Prezzo di vendita = serviceServizio = selling price

18. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 17 Value Added Tax (VAT) Taxable price= prezzo imponibile Tax amount= ammontare della tassa Tax-inclusive= tassa inclusa To apply = evitareTo avoid = applicare

19. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 18 Value Added Tax (VAT) = taxable pricePrezzo imponibile = tax amountAmmontare della tassa = tax-inclusiveTassa inclusa = to apply Evitare= to avoid Applicare

20. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 19 Value Added Tax (VAT) = calcolareTo calculate = vendereTo sell = valore aggiuntoValue added = imposta sul valore aggiunto VAT= IVA Value added tax

21. ITC Lucio Lombardo Radice - Roma Economia Aziendale Docente: Guido De Marco 20 Value Added Tax (VAT) Calcolare= to calculate Vendere= to sell Valore aggiunto= value added Imposta sul valore aggiunto = VATIVA = value added tax