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  Value Added Tax (VAT) Overview

• The Value Added Tax (VAT) is a tax charged by most members of the European Economic Community (EEC), and Canada.

 
• VAT varies by country and type of expense. VAT variations range from 3% to 25%. The average VAT rate is15%.

 
• Among the goods and services subject to VAT are:
 
• Hotels and Meals.


• Car Rentals, Taxis and Transportation.


• Gasoline and Diesel Fuel.


• Business Entertainment.


• Conferences, Seminars and Trade Shows.


• Training and Consulting Fees.




• Departments may be able to recover portions of their VAT expenses.
  For more information contact Lawrence Smith at 202-687-5448 or via email at smithl@georgetown.edu.



• Reclaimable VAT Expenses by Country.