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twoodfin
on Dec 20, 2022
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EU adopts global minimum 15% tax on big business
VATs operate at every stage of the supply chain. A sales tax is only applied at the point of consumption.
bpye
on Dec 23, 2022
[–]
That's kind of my point though - it ends up being charged on the 'value add' at each stage, so the vertical integration doesn't matter. X % of the final cost should still be VAT.
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