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Economic, Finance & Revenue Canada Explained!
 
Ultimate Financial and Investment knowledge base that could lead you to understand indepth economic market of Canada. Its a socio-economic financial platform specially arranged for the professionals and as well as students and knowledge seeker. Here you'll find atleast all the financial ins and outs.
 
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Confused By The Economic, Finance & Revenue Canada Terms and Definitions? Get The Answers Here!
 
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Value-Added Tax (VAT) - Venture Capital - Voluntary Code
 
Value-Added Tax (VAT)
A tax that applies to consumer expenditure. It is charged on the supply of goods and services within a country by a registered person where such supplies are not exempt or subject to a zero rate of tax. VAT is also charged on imports. Canada's goods and services tax is a form of VAT. It applies at each stage of the production and distribution chain. To ensure that tax applies only once to the final consideration paid for a consumer expenditure, registered businesses are entitled to credits for tax paid on inputs into making taxable supplies.
 
Venture Capital
Funds that are invested by a third party in a business venture, as either equity or a form of debt.
 
Voluntary Code
Non-legislated guidelines that one or more organizations agree to follow. Also referred to as a "code of conduct" or "code of practice," it typically outlines service standards that you can expect in dealings with a company subscribing to that code
 
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