Cheesemaker’s vessel

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Possible Answers:

VAT.

Last seen on: Newsday.com Crossword – Apr 28 2022 Crossword Answers

Random information on the term “VAT”:

Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it to undertake government expenditures. Government revenue as well as government spending are components of the government budget and important tools of the government’s fiscal policy. The collection of revenue is the most basic task of a government, as revenue is necessary for the operation of government and enforcement of its laws, and this necessity of revenue was a major factor in the development of the modern bureaucratic state.

Government revenue is distinct from government debt and money creation, which both serve as temporary measures of increasing a government’s money supply without increasing its revenue.

There are a variety of sources from which government can derive revenue. The most common sources of government revenue have varied in different places and time periods. In modern times, tax revenue is typically the primary source of revenue for a government. Types of taxes recognized by the OECD include taxes on income and profits (including income taxes and capital gains taxes), social security contributions, payroll taxes, property taxes (including wealth taxes, inheritance taxes, and gift taxes), and taxes on goods and services (including value-added taxes, sales taxes, excises, and duties).

VAT on Wikipedia