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A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)), is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the consumer who ultimately bears the burden of the ...
4 day rail rover (UK, 1994). A transit pass (North American English) or travel card (British English), often referred to as a bus pass or train pass etc. (in all English dialects), [1] [2] is a ticket that allows a passenger of the service to take either a certain number of pre-purchased trips or unlimited trips within a fixed period of time.
The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
Proof-of-payment (POP) or proof-of-fare (POF) is an honor -based fare collection system used on many public transportation systems. Instead of checking each passenger as they enter a fare control zone, passengers are required to carry a paper ticket, transit pass, transit smartcard - or open payment methods such as contactless credit or debit ...
Under the U.S. Internal Revenue Code section 132 (a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax. The qualified transportation benefits are transit passes, vanpooling, bicycling, and parking ...
The TRUSU UPASS is an unlimited transit pass for the City of Kamloops provided to every student enrolled at Thompson Rivers University. The UPASS also provides a 50% discount to a monthly membership to the Tournament Capital Centre and free access to the Canada Games Aquatic Centre. [41] Edmonton, AB (Edmonton Metro Region) Edmonton Transit ...
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2012 (launched 1 February with Peninsula Taxi Association in the Western Cape) [ 1 ] Cape Town. MyConnect (MasterCard PayPass) Golden Arrow Gold Card [ 2 ] MyCiti, Golden Arrow Bus Services. 2011, [ 3 ] 2018 [ 4 ] Durban. Muvo (MasterCard PayPass) eThekwini Transport Authority with Standard Bank of South Africa. 2012.