Definition: Invoiced VAT

Category: SNA

Invoiced VAT is the VAT payable on the sales of a producer; it is shown separately on the invoice that the producer presents to the purchaser.

This definition is used both in SNA 1993 (§ 6.209) and in SNA 2008 (6.58 and 14.45). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf United Nations, System of National Accounts (SNA) 1993, United Nations, New York, 1993
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
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