Quote:
Originally Posted by CybrSage
VAT is not charged on things made locally, it is charged on things not made locally.
VAT, in the EU is not charged on things made in the EU, it is on things made in the US and other non-EU countries.
A 20% VAT is simply a 20% tariffs that the consumer pays directly.
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Not only is this inaccurate as Bill pointed out, the truth is actually pretty much the opposite:
European_Union_value_added_tax_Thirteenth_Directiv e