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That's because the VAT paradigm obscures the taxes; in US and some other places the amount paid is separated into "cost" and "tax."
by late2part 8y ago
That's because the VAT paradigm obscures the taxes; in US and some other places the amount paid is separated into "cost" and "tax."
- hesk 8y agoIt's not really obscured. Actual costs and taxes are stated separately on every receipt or invoice. It's just that the advertised price has to include taxes.
- late2part 8y agoFair point, thanks for clarifying.
- Symbiote 8y agoExample receipt from Sweden: https://upload.wikimedia.org/wikipedia/commons/9/9e/Cash_rounding_receipts.jpg https://upload.wikimedia.org/wikipedia/commons/9/9e/Cash_rou... On the middle one, you can see there are two different tax rates ("MOMS" = VAT), depending on the category of goods. Here's one from Germany: https://upload.wikimedia.org/wikipedia/commons/2/26/Aldi-Quittung-2006.jpg https://upload.wikimedia.org/wikipedia/commons/2/26/Aldi-Qui... It also has two VAT rates (MwSt A and B), and each item is marked according to the rate. The yoghurt and müsli has a lower rate than the soft drinks and electronics.