Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation
Reply
 
Thread Tools Display Modes
  #1  
Old 11.12.2012, 18:00
Junior Member
 
Join Date: May 2012
Location: lausanne
Posts: 85
Groaned at 3 Times in 3 Posts
Thanked 3 Times in 3 Posts
mahmood has slipped a little
What is "TVA"?

What does "TVA" mean? I see in some receipts, TVA is non-zero value ans in some it says no TVA.
I found a wiki for that but in french. Can someone explain briefly in English?
Reply With Quote
  #2  
Old 11.12.2012, 18:04
V__'s Avatar
V__ V__ is offline
Forum Veteran
 
Join Date: Aug 2010
Location: Lausanne
Posts: 551
Groaned at 0 Times in 0 Posts
Thanked 266 Times in 146 Posts
V__ has an excellent reputationV__ has an excellent reputationV__ has an excellent reputationV__ has an excellent reputation
Re: What is "TVA"?

Change the order of the letters and you get VAT
Reply With Quote
  #3  
Old 11.12.2012, 18:05
Member
 
Join Date: Oct 2007
Location: Zurich
Posts: 176
Groaned at 4 Times in 2 Posts
Thanked 176 Times in 87 Posts
Calvin has earned the respect of manyCalvin has earned the respect of manyCalvin has earned the respect of many
Re: What is "TVA"?

Quote:
View Post
What does "TVA" mean? I see in some receipts, TVA is non-zero value ans in some it says no TVA.
I found a wiki for that but in french. Can someone explain briefly in English?
It means value-added tax (taxe à la valeure ajoutée).
Reply With Quote
  #4  
Old 11.12.2012, 18:05
Village Idiot's Avatar
Forum Legend
 
Join Date: Jul 2009
Location: Basel
Posts: 2,841
Groaned at 30 Times in 28 Posts
Thanked 4,756 Times in 1,500 Posts
Village Idiot has a reputation beyond reputeVillage Idiot has a reputation beyond reputeVillage Idiot has a reputation beyond reputeVillage Idiot has a reputation beyond reputeVillage Idiot has a reputation beyond reputeVillage Idiot has a reputation beyond repute
Re: What is "TVA"?

TVA is French for VAT, or value added tax.

Not all services are taxed at the same rate. The standard rate of 8% applies to most goods supplied and to nearly all services. Basic necessities, mainly food and drink (excluding alcoholic drinks), medicines and also certain newspapers, magazines and books, are taxed but only at the reduced rate of 2.5%. Finally overnight stays including breakfast are subject to the special rate of 3.8%.


A whole range of services are exempt from VAT, as in the field of health, social services, teaching (education), culture, money and capital transactions (however, asset management as well as debt collection are taxable), insurance, leasing of property and the sale of property.
Reply With Quote
  #5  
Old 11.12.2012, 18:21
Junior Member
 
Join Date: May 2012
Location: lausanne
Posts: 85
Groaned at 3 Times in 3 Posts
Thanked 3 Times in 3 Posts
mahmood has slipped a little
Re: What is "TVA"?

I bought something "total EFT CHF 129". Then I see
TVA A 8.00% * 119.44 CHF 9.56 CHF

But I can not map that to the example http://en.wikipedia.org/wiki/Value_a...alue_added_tax
Reply With Quote
  #6  
Old 11.12.2012, 18:24
anowheels's Avatar
Forum Veteran
 
Join Date: Mar 2011
Location: Not Zurich
Posts: 1,057
Groaned at 1 Time in 1 Post
Thanked 643 Times in 384 Posts
anowheels has an excellent reputationanowheels has an excellent reputationanowheels has an excellent reputationanowheels has an excellent reputation
Re: What is "TVA"?

Quote:
View Post
I bought something "total EFT CHF 129". Then I see
TVA A 8.00% * 119.44 CHF 9.56 CHF

But I can not map that to the example http://en.wikipedia.org/wiki/Value_a...alue_added_tax
8% of 119.44 = 9.56. The standard VAT in Switzerland is 8% as noted above. The wiki is just showing a general example of VAT at 10%. VAT is common in many countries.

http://en.wikipedia.org/wiki/Taxatio...alue_added_tax
Reply With Quote
  #7  
Old 11.12.2012, 19:13
Medea Fleecestealer's Avatar
Forum Legend
 
Join Date: Jul 2011
Location: Misery-Courtion
Posts: 5,514
Groaned at 60 Times in 41 Posts
Thanked 3,513 Times in 2,037 Posts
Medea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond repute
Re: What is "TVA"?

The Americans call it sales tax.
Reply With Quote
  #8  
Old 11.12.2012, 19:17
TiMow's Avatar
Forum Legend
 
Join Date: Dec 2010
Location: Fribourg
Posts: 6,552
Groaned at 164 Times in 113 Posts
Thanked 7,903 Times in 3,304 Posts
TiMow has a reputation beyond reputeTiMow has a reputation beyond reputeTiMow has a reputation beyond reputeTiMow has a reputation beyond reputeTiMow has a reputation beyond reputeTiMow has a reputation beyond repute
Re: What is "TVA"?

I thought it was the membership fee for the TransVestites Association - no wonder I got some funny looks when I fell off my Vivienne Westwood's.
Reply With Quote
This user would like to thank TiMow for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
"Department of Public Instruction", "HARMOS" what role do they have in education? Aoi Family matters/health 7 30.06.2012 05:51
Is it "Natural" for Men to "Rape and Beat" Women? The_Love_Doctor International affairs/politics 51 09.08.2010 02:53
What is "vente en nom" and "vente en PPE"? Alexis_M Housing in general 6 27.05.2010 15:04
What is "parcelle en DDS" or "Terrain en DDS" for a chalet? Alexis_M Housing in general 0 01.04.2008 14:13


All times are GMT +1. The time now is 18:34.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0