Car and Driver presents What You Need to Know about Certified Pre-Owned (CPO) Car Programs. Read expert vehicle reviews and award-winning feature content at Car and Driver. Car and Driver presents What You Need to Know about Certified Pre-Owned (CPO) Car Programs.
Ë Go directly to the calculator Ë. The sales tax on goods and services in France is known as the value added tax (VAT) (or TVA in french, for taxe sur la valeur ajoutÃ©e). This tax is actually applied on every stage of a product commercialization, from the purchase of the raw materials to the final sale to the consumer.
TVA was created in 1933, one of the âalphabet soupâ projects championed by President Franklin Delano Roosevelt as a way to get a flagging country back on its feet during the Great Depression. The corporationâs purpose was succinctly expressed in the preamble to the Tennessee Valley Authority Act: It was through this power that TVA designed and executed the Unified Development of the Tennessee River plan, which called for the building of dams for flood control, navigation and electrification of the Valley.