Crossword Genius

State tax, I’m able to follow (7)

Ross

I believe the answer is:

vatican

I'm a little stuck... Click here to teach me more about this clue!

'state' is the definition.
(I've seen this before)

'tax i'm able to follow' is the wordplay.
'tax' becomes 'vat' (British sales tax).
'i'm' becomes 'i' (I can't justify this - if you can you should give a lot more credence to this answer).
'able' becomes 'can'.
'to follow' is a charade indicator (letters next to each other).
'vat'+'i'+'can'='VATICAN'

Can you help me to learn more?

(Other definitions for vatican that I've seen before include "City within Rome" , "Papal hill and city" , "Holy See" , "ecclesiastical centre" , "Pope's residence" .)

I've seen this clue in The Hindu.
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