2 ms·
Isn't that more a value added tax, rather than a straight sales tax? Similar, but not identical.
by bpye 4y ago
Isn't that more a value added tax, rather than a straight sales tax? Similar, but not identical.
- twoodfin 4y agoVATs operate at every stage of the supply chain. A sales tax is only applied at the point of consumption.
- bpye 4y agoThat's kind of my point though - it ends up being charged on the 'value add' at each stage, so the vertical integration doesn't matter. X % of the final cost should still be VAT.