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VAT is what Americans call sales tax (yes I know it's slightly different, but not for the purposes of this discussion). Imported goods into the US are subject t
by dboreham 2y ago
VAT is what Americans call sales tax (yes I know it's slightly different, but not for the purposes of this discussion). Imported goods into the US are subject to sales tax too, if the sate where the buyer lives has sales tax. Quite amazing that people on HN are swallowing the disinformation on this.
- giantg2 2y agoWhat disinformation are you talking about? Part of VAT is paid during import (rather than after production for domestic goods) and applied to the item. These values could be different whether produced or imported, right?