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    Moeksie's Avatar
    Moeksie Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jun 29, 2015, 01:45 AM
    The supply of basic foodstuffs, such as eggs are a zero-rated supply for VAT purposes
    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
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Jun 29, 2015, 03:08 AM
    Re-read what you wrote.
    There's a slight trick to this..
    jerileycpa's Avatar
    jerileycpa Posts: 27, Reputation: 2
    Certified Public Accountant
    		  
    #3

    Jul 3, 2015, 08:38 PM
    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.
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
    		  
    #4

    Jul 4, 2015, 08:07 AM
    In Canada, basic foodstuffs are not taxed but in a restaurant, single servings are.
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