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Published at Gibson's, B.C. Provincial Library, V i c t o r i a , B. C. Phone 8862622 Volume 21SERVING THE GROWING SUNSHINE Outnumber 3, Jan. 18, 1968. 10c per copy ration pt An emergency meeting

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VICT stands for the Value Added Tax Information and Compliance Tool, which is used to report and ensure compliance with value-added tax regulations.

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Businesses and individuals who are registered for value-added tax (VAT) and have taxable supplies are required to file VICT.

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To fill out VICT, taxpayers must gather relevant financial records, complete the forms accurately with the required data, and submit them through the designated online portal or agency.

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The purpose of VICT is to ensure that taxpayers comply with VAT laws, report their VAT liabilities accurately, and facilitate tax administration.

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VICT requires reporting of sales, purchase records, VAT collected, VAT paid, exemptions, and any other relevant financial data concerning VAT activities.