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> Besides, the state typically does take a cut of every transaction, in VAT or sales tax. What are sales taxes? Because VAT is only applied to the final transa
by orwin 2y ago
> Besides, the state typically does take a cut of every transaction, in VAT or sales tax.
What are sales taxes? Because VAT is only applied to the final transaction. VAT fraud is probably the most common tax fraud because of its availability for anyone without morality who own a business (or is close to a business owner), as it's easy to write off VAT.