Multiple choice general knowledge history

Which country implemented Value Added Tax (VAT) for the first time?

  1. Britain

  2. United States

  3. France

  4. India

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

France was the first country to implement Value Added Tax (VAT) in 1954 under the leadership of economist Maurice Lauré. The system was designed to tax the value added at each stage of production and distribution.