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What is Fiscal Territory

Tax Definition:-

Those parts of the European Union (EU) in which the EU system of VAT is applied. It is smaller than the EU customs territory (because it excludes the Special Territories).

© Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2006-12-14 23:55:15

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