Comment by blatantly
8 months ago
Not quite the same.
An item sold for $1000 say would pay $100 at 10% VAT. The items in the supply chain all charge VAT and reclaim VAT they spent. I think usually this terminates at the import (maybe?)
8 months ago
Not quite the same.
An item sold for $1000 say would pay $100 at 10% VAT. The items in the supply chain all charge VAT and reclaim VAT they spent. I think usually this terminates at the import (maybe?)
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