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I read the entire article and the fact that sticks with me is 225% VAT, is that figure correct?
I read the entire article and the fact that sticks with me is 225% VAT, is that figure correct?
No. Tax is 225% including vat.
VAT in Denmark is "only" 25%
No, it’s a special 180% car tax, plus 25% VAT on top - 1.8*1.25 = 2.25.
Yes, you have to pay VAT on the tax, too. It’s bananas.
They did reduce it slightly a few years ago, I think it’s more like 180% in total now.