A Thousand Dollar Gold Today
Dave wrote in
:
On Fri, 14 Mar 2008 20:55:45 +0000, Larry said:
So, Larry, you think that if the VAT rate is 20%, and I buy parts
for $.80 and resell the assembled product for $1.00, I'm going to
have to collect and pay over to the guvmint $.20 in VAT?
Rolled into the price outside the USA. Every point on the chain from
when they dig it out of the ground where money changes hands, VAT is
added and rolled into the price when it goes up the chain.....
And now would you answer the question?
Yes
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