Meeting in EuropeBY PEGGY SWISHERIn this third in a continuing series on the benefits and considerations of meeting in Europe, an expert explains how the VAT works in a specific country.The value added tax, or VAT is a general consumption tax assessed on the value of goods and services. The VAT applies, in principle, to all commercial activities involving the production and distribution of goods and the provision of services. Martin Pinsonnault, president of TaxPort USA Corp., a VAT file management