Law, authorities and health
VAT
Abbreviation for value added tax
In short and in plain language
VAT is a tax. It is part of the price when you buy goods or services.
In German it is called Mehrwertsteuer or Umsatzsteuer.
If a price says it includes the tax, the tax is already in it.
Definition
VAT is the tax included in the price of goods and services. In German it is called Mehrwertsteuer or Umsatzsteuer. A price marked incl. VAT already contains this tax.