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Isnt VAT equivalent to sales tax and paid by the customer, not the company? Its disingenuous to say 100€ sales if the company sold 83€ of goods. Would not corpo
by ac29 11y ago
Isnt VAT equivalent to sales tax and paid by the customer, not the company? Its disingenuous to say 100€ sales if the company sold 83€ of goods. Would not corporate taxes and so on be paid on the 83, not the 100?
I would be curious to see your actual math.
- tajen 11y agoIn Europe consumer prices must be displayed including VAT. Example: Apple TV costs 79€, which is 65,83€ plus 20% VAT. If you're a supermarket for business (like office supplies), then you might exceptionnaly be allowed to display the non-VAT price in a bigger font than the total price.