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bardak
487 days ago
The main purpose of VAT is to not fully apply a consumption tax multiple times through manufacturing and distraction
1 comments
surfmike
487 days ago
Exactly, and for American producers, sales tax does get applied multiple times and can’t be deducted from VAT
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alexanderchr
487 days ago
Not true, see for example
https://comptroller.texas.gov/taxes/publications/94-124.php
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