72SEVENTYTWO // Design to serve its purposeVAT overview )Value Added TaxThe Value Added Tax (VAT) is a consumption tax applied in the European Union (EU) to all goods and services. All consumers in the EU are charged VAT on the purchase of goods and services. Businesses in the EU buying from a business in the same country are also charged VAT. Businesses in the EU buying from a business in a different EU country are not charged VAT. Consum
