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Actually VAT is paid by every business (with a few exceptions) on the extra value it creates. http://en.wikipedia.org/wiki/Value-added_tax#Comparison_with_sale
by bjelkeman-again 12y ago
Actually VAT is paid by every business (with a few exceptions) on the extra value it creates.
http://en.wikipedia.org/wiki/Value-added_tax#Comparison_with_sales_tax http://en.wikipedia.org/wiki/Value-added_tax#Comparison_with...
- raverbashing 12y agoYep, you're right. It's a more complicated calculation But there's VAT to be paid on the sale, which is kind of similar.