questionedithistorytranslationsCurrent version This is the accepted version. added by globalquiz.org June 19, 2019, 11:31 p.m. What does the VAT acronym stand for? Value Added TaxValue Assigned TaxVerified Accountable TaxValid Area TaxThe concept of VAT tax was first proposed by German industrialist Dr. Wilhelm von Siemens in 1918. France was the first country to introduce it in 1958. As of 2018, 166 of the 193 countries employ a VAT, including all major countries except the United States.globalquiz.orgShare and bring new players to the game!0Very uninterestingToo difficultPoorly writtenIncorrect or questionableCorrect this questionwikipedia → Value-added tax0Very interesting! wikipedia → Value-added taxreach: rather globalacronymseconomytaxesHistory This is initial version of the question. added by globalquiz.org June 19, 2019, 11:31 p.m. What does the VAT acronym stand for? Value Added TaxValue Assigned TaxVerified Accountable TaxValid Area TaxThe concept of VAT tax was first proposed by German industrialist Dr. Wilhelm von Siemens in 1918. France was the first country to introduce it in 1958. As of 2018, 166 of the 193 countries employ a VAT, including all major countries except the United States.globalquiz.org wikipedia → Value-added taxreach: rather globalacronymseconomytaxes This is a correction, already accepted and applied to the original question. added by globalquiz.org June 20, 2019, 12:14 p.m. What does the VAT acronym stand for? Value Added TaxValue Assigned TaxVerified Accountable TaxValid Area TaxThe concept of VAT tax was first proposed by German industrialist Dr. Wilhelm von Siemens in 1918. France was the first country to introduce it in 1958. As of 2018, 166 of the 193 countries employ a VAT, including all major countries except the United States.globalquiz.org wikipedia → Value-added taxreach: rather globalacronymseconomytaxesVotes Acceptable globalquiz.org