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by alexanderchr
494 days ago
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The bill looks like it is split because VAT is collected at each transaction, but in the end it nets out for everyone but the end consumer. So in your case the raw material producer would collect €1 of VAT from you, but this is entirely fictional, because you can immediately claim it back. Only when you sell the goods to an end consumer would VAT that cannot be claimed back be due. |
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