Standard VAT rate definition

Standard VAT rate means a 21% VAT rate.
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Examples of Standard VAT rate in a sentence

  • Standard VAT rate on the taxable supply of goods and services and importation of goods into Bosnia and Herzegovina shall be 17%.

  • During the research it was discovered that TAK is implementing one VAT rate and that rate is 16%, and based on the regional experience regarding VAT implementation and its rates, recommendations are that the Tax Administration of Kosovo and Ministry of Finance should implement two different VAT rates in Kosovo: Low and High (or Standard) VAT rate.

  • Standard VAT rate was 14.5 per cent and excise duty was 12.5 per cent.

  • The VAT-rate structure is: - 25 % - Standard VAT rate- 15 % - Foodstuffs- 12 % - Transportation services, hotel-services- 0 % - Books, newspapers etc Foreign businesses must register in the Norwegian VAT Registry when VAT liable turnover exceeds the threshold.

  • If you have entered into an agreement to make a taxable supply of goods or services prior to the transition date you would have made that agreement based on the existing Standard VAT rate of 7.5%.

  • Standard VAT rate amounts to 17%, and the reduced amounts to 7% (applicable to a small number of goods and services) and these rates are also among the lowest in the region.

  • Standard VAT rate of 20% is now applicable to exhibition spaces, power and additional advertising purchased via ‘SH2020 Lite’ packages.VAT is not applicable to the cost of additional advertising (as detailed below) for registered charities. Chalet tv advertising, static or 60 second video Roller bannersCharities must provide their registered charity number to be exempt.

  • In Turkey, Standard VAT rate is 18%; reduced rates are 1% (e.g. newspapers and magazines, basic foodstuff) and 8% (e.g. e-books, pharmaceuticals, medical products).

  • Standard VAT rate of 20% is applicable to exhibition spaces, power, and any additional advertising.

  • Standard VAT rate of 20% and the lower VAT rate of 10% in Serbia are by one percent point lower than the CEE average (21% and 11% respectively), Serbia being the median CEE country based on the level of the VAT rates.

Related to Standard VAT rate

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • Payment Rate means the rate of compensation at which the Insured is indemnified, as determined by AFSC.

  • Base CD Rate means the sum of (a) the Three-Month Secondary CD Rate multiplied by the Statutory Reserve Rate plus (b) the Assessment Rate.

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • GST Rate means the percentage amount of GST payable determined under section 9-70 of the Act as amended from time to time;

  • Turnover Rate means the period of time (usually in hours) required to circulate a volume of water equal to the pool or spa capacity.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Administrative Cost Rate As of any date of determination, a rate equal to the sum of the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

  • Capitation rate means the fee the department pays monthly to an HMO for each enrolled recipient for the provision of covered medical and health services whether or not the enrolled recipient received services during the month for which the fee is intended.

  • Replacement Reference Rate means a reference rate which is:

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

  • Weighted Average Net Mortgage Rate With respect to any Distribution Date, the weighted average of the applicable Net Mortgage Rates of the Mortgage Loans as of the first day of the related Due Period, weighted on the basis of their respective Stated Principal Balances as of the first day of such Due Period (after giving effect to any payments received during any applicable grace period).

  • Discount Net Mortgage Rate As defined in the Series Supplement.

  • Replacement Rate has the meaning assigned thereto in Section 4.2.(b).

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance, prevailing on any date subsequent to the date 28 days prior to the latest date set for submission of Tenders.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Maximum Net Mortgage Rate With respect to any adjustable rate Mortgage Loan and any date of determination, the Maximum Mortgage Rate minus the sum of (i) the Subservicing Fee Rate and (ii) the Servicing Fee Rate. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

  • Applicable Interest Rate means, (i) with respect to each Revolving Credit Advance and Term Loan Advance, the Eurodollar-based Rate or the Base Rate, and (ii) with respect to each Swing Line Advance, the Base Rate or, if made available to the Borrower by the Swing Line Lender at its option, the Quoted Rate, in each case as selected by the Borrower from time to time subject to the terms and conditions of this Agreement.

  • Late Payment Rate As defined in the Insurance Agreement.