Value-added tax Lower VAT rates reduce the ‘black economy’. Self-enforcing VAT is 1950s French invention. Instead of a levy on final sale of a product/ service, it’s imposed at every step of production, with a refund for the tax paid at the previous step. Each firm reports the VAT the previous firm in the chain should’ve…
Tag: France
Disconnect France’s new Right to Disconnect laws say “NO!” to the tyranny of the inbox. Send fewer emails. Reply thoughtfully & briefly Guessed the Word? Series 8 (4/5) [photo: WerbeFabrik]