Gross revenue may or may not include Value Added Tax (VAT), depending on the context in which it is being used.

If a business is referring to its gross revenue, it is usually referring to the total amount of money it has earned from sales or other revenue streams, before any deductions or expenses have been taken into account. In this case, if the business has collected VAT from its customers, then the gross revenue would include the VAT amount as well.

However, in some cases, businesses may report their revenue net of VAT. For example, in some industries or countries, it is common to report revenue net of VAT because the business is required to remit the VAT to the government. In this case, the gross revenue would not include the VAT amount, and the net revenue would be calculated by subtracting the VAT amount from the gross revenue.

So, whether or not VAT is included in gross revenue depends on the context and the specific reporting requirements of the business or industry.

By BPDir

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