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Definition: Gross recording of VAT
Category: SNA
All transactions are recorded including the amounts of any invoiced VAT. Thus, the purchaser and the seller record the same price, irrespective of whether or not the purchaser is able to deduct the VAT subsequently (§ 6.59). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
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