Download or read book Tolley's VAT and Retailing written by Ian Somerville and published by Butterworths. This book was released on 2001 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide looks at the problems and opportunities arising out of the complex VAT provisions as they affect the retail industry. The most important development in the retail market since the last edition was published is e-commerce. VAT is extremely important to e-commerce because it is a tax that depends on the place of supply and, with the new e-business it is becoming increasingly difficult to define this, and consequently to know who is to be taxed and how it is to be enforced.