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Old 11.12.2012, 18:00
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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?
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Old 11.12.2012, 18:04
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Re: What is "TVA"?

Change the order of the letters and you get VAT
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Old 11.12.2012, 18:05
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Re: What is "TVA"?

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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).
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Old 11.12.2012, 18:05
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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.
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Old 11.12.2012, 18:21
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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
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Old 11.12.2012, 18:24
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Re: What is "TVA"?

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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
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Old 11.12.2012, 19:13
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Re: What is "TVA"?

The Americans call it sales tax.
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Old 11.12.2012, 19:17
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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.
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