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VAT, everyone forgets about it. I had a similar conversation with someone on Twitter complaining that the latest iPhone was much more expensive in EU, but once
by richrichardsson 4y ago
VAT, everyone forgets about it.
I had a similar conversation with someone on Twitter complaining that the latest iPhone was much more expensive in EU, but once you factored in VAT and some import costs and the fact that apple.com shows the $ price without any sales tax there wasn't actually such a great disparity.
- shortstuffsushi 4y agoAs an American who deals in no VAT ever, is something like a 20% vat (10 on 50) normal?
- CameronNemo 4y agoYes. https://taxfoundation.org/vat-rates-europe-2019/ https://taxfoundation.org/vat-rates-europe-2019/