Like other countries' sales and VAT taxes, it is an indirect tax.

Exchanges sell consumer goods and services and most (but not all) sales by exchanges are free of local sales or VAT taxes.

And the economies of our international competitors certainly have not been hobbled by VAT taxes.

A VAT tax is similar conceptually to a federal sales tax.

The VAT tax in Greece is 4.5% to 23%.

Certainly, we're looking a VAT tax.

The mall is also home to a Diplomat exclusive supermarket whose commodities are exempt from duties and the VAT tax.

(plan to replace it with VAT tax)

However, there is nothing preventing the addition of a national sales tax, or VAT tax, on top of today's income tax system.

"I won't have to worry about the VAT tax or Italian law, will I?"