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The phrase "average vat rate" is correct and usable in written English.
It can be used when discussing the typical percentage of value-added tax applied to goods and services in a specific context, such as in financial reports or economic analyses.
Example: "The average vat rate in the European Union varies by country, impacting the overall pricing of consumer goods."
Alternatives: "typical VAT percentage" or "mean VAT rate".
Exact(2)
If we adopted Europe's average VAT rate of 20%, we could raise $1 trillion per year in 2009 dollars.
The average VAT rate in the OECD is actually lower today than it was in 1984: 17.61% today vs. 17.79% then.
Similar(58)
VAT rate hikes will boost VAT evasion.
The measures include an increase in the standard VAT rate and a 5% average cut in public-sector wages.
Gujarat has the highest VAT rate in the country".
It's lower than our VAT rate will be.
Each EU country has its own VAT rate, and in the UK there are three rates.
The VAT rate scheme allows you to charge customers VAT at 20%, but pay the taxman at a lower rate, depending on the type of business you run.
The VAT rate reverted to 17.5% at the start of this year.
Within a given country, therefore, the effective VAT rate will be different for different goods.
Its property wishlist includes reducing the VAT rate on repair and renovation to help lower costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com