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		<title>Business English word of the day: V.A.T.</title>
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		<pubDate>Fri, 15 Jan 2010 14:01:42 +0000</pubDate>
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		<description><![CDATA[VAT : TVA VAT stands for &#8216;value added tax&#8217;. It is the tax that consumers pay when they buy a product or a service. VAT rates can vary according the product or service being sold. In France, a recent law was passed allowing bars and restaurants to reduce their VAT to 5% instead of the [...]]]></description>
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