Is the following statement true?
The supply of basic foodstuffs, such as eggs are a zero-rated supply for VAT purposes?
Are there VAT on eggs?
Thank you
No VAT as far as I know, just want to make sure
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Is the following statement true?
The supply of basic foodstuffs, such as eggs are a zero-rated supply for VAT purposes?
Are there VAT on eggs?
Thank you
No VAT as far as I know, just want to make sure
Re-read what you wrote.
There's a slight trick to this..
In the U.S. we don't pay VAT; instead it's called sales tax. And most basic foodstuffs, such as eggs, are not subject to sales tax.
In Canada, basic foodstuffs are not taxed but in a restaurant, single servings are.
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