单词 | zero-rated goods and services |
释义 | zero-rated goods and services Goods and services that are taxable for value added tax purposes but are currently subject to a tax rate of zero. These include: ● certain food items, ● sewerage and water services for non-industrial users, ● periodicals and books, ● charities for certain supplies, such as 'talking books', ● new domestic buildings, ● transport fares for public services (carrying more than 12 passengers), ● banknotes, ● drugs and medicines, ● clothing and footwear for children. |
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