IMPOSTA VALORE AGGIUNTO TAX (IVA TAX), in Italy, like most other European countries, Italy imposes a value added tax (VAT) on most goods and services purchased in the country. In Italy, the value added tax is known as the Imposta sul Valore Aggiunto or IVA. This tax is normally included or built into the price of most goods and services. The general rate of tax is 19% of the sale price.
FLOATING-RATE NOTE is an instrument with a fluctuating interest rate as prescribed at the time of issue.
OMITTED is to leave undone or leave out, i.e. to prevent from being included or considered or accepted.
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