Economia Aziendale
3 F sistemi informativi
2012-2013
ITC - Lucio
Lombardo
Radice
Roma
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
0
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.
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
1
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.
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
2
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.
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
3
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.
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
4
Value Added Tax (VAT)
Added to the price = aggiunto al prezzo
Advantage = vantaggio
Amount = ammontare
Base price = prezzo base
Buyer = compratore
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
5
Value Added Tax (VAT)
Aggiunto al prezzo = added to the price
Vantaggio = advantage
Ammontare = amount
Prezzo base = base price
Compratore = buyer
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
6
Value Added Tax (VAT)
Calculation = calcolo
Company = azienda, impresa
Consumer = consumatore
Consumption tax = imposta al consumo
Customer = cliente
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
7
Value Added Tax (VAT)
Calcolo = calculation
Azienda, impresa = company
Consumatore = consumer
Imposta al consumo = consumption tax
Cliente = customer
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
8
Value Added Tax (VAT)
End consumer = consumatore finale
Exempt = esente
Exemption = esenzione
Form of taxation = forma di tassazione
Good = bene (economico), merce
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
9
Value Added Tax (VAT)
Consumatore finale = end consumer
Esente = exempt
Esenzione = exemption
Forma di tassazione = form of taxation
Bene (economico), merce = good
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
10
Value Added Tax (VAT)
Government agency = agenzia governativa
Manufacture = fabbricazione
Law = legge
Percentage rate = forma di tassazione
Point of purchase = punto di acquisto
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
11
Value Added Tax (VAT)
Agenzia governativa = government agency
Fabbricazione = manufacture
Legge = law
Forma di tassazione = percentage rate
Punto di acquisto = point of purchase
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
12
Value Added Tax (VAT)
Point of sale = punto di vendita
Purchaser = acquirente
Purchase price = prezzo di acquisto
Rate = tasso
Sale = vendita, cessione
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
13
Value Added Tax (VAT)
Punto di vendita = point of sale
Acquirente = purchaser
Prezzo di acquisto = purchase price
Tasso = rate
Vendita, cessione = sale
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
14
Value Added Tax (VAT)
Sale price = prezzo di vendita
Sales tax = tassa sulle vendite
Seller = venditore
Selling price = prezzo di vendita
Service = servizio
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
15
Value Added Tax (VAT)
Prezzo di vendita = sale price
Tassa sulle vendite = sales tax
Venditore = seller
Prezzo di vendita = selling price
Servizio = service
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
16
Value Added Tax (VAT)
Taxable price = prezzo imponibile
Tax amount = ammontare della tassa
Tax-inclusive = tassa inclusa
To apply = applicare
To avoid = evitare
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
17
Value Added Tax (VAT)
Prezzo imponibile = taxable price
Ammontare della tassa = tax amount
Tassa inclusa = tax-inclusive
Applicare = to apply
Evitare = to avoid
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
18
Value Added Tax (VAT)
To calculate = calcolare
To sell = vendere
Value added = valore aggiunto
Value added tax = imposta sul valore aggiunto
VAT = IVA
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
19
Value Added Tax (VAT)
Calcolare = to calculate
Vendere = to sell
Valore aggiunto = value added
Imposta sul valore aggiunto = value added tax
IVA = VAT
ITC Lucio Lombardo Radice - Roma
Economia Aziendale
Docente: Guido De Marco
20