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Apple doesn't pay the VAT the consumer does. That is why Apple products costs roughly 30% (24% VAT + some extra due to fucking up the dollar to euro conversion)
by doikor 10y ago
Apple doesn't pay the VAT the consumer does. That is why Apple products costs roughly 30% (24% VAT + some extra due to fucking up the dollar to euro conversion) more in Finland when compared to US even though they ship directly from a factory in China.
- jdmichal 10y agoYes, the consumer technically pays the tax. However, Apple acts as the collector of the tax from the consumer, and is responsible for "passing it on" to the appropriate tax authority. So, the reform the asked question: What tax authority does Apple report and pay the taxes to? And the answer is that the EU regulations state that VAT taxes are to be paid in the country in which the transaction takes place. If the transaction is online (and potentially therefore spanning multiple countries), the customer's location is used as the place of transaction.
- Retric 10y agoSure, there is a separate line item on the bill, but if Apple collects the wrong amount they are on the hook to pay the correct amount not the consumer.