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To: Your Nightmare
Except most other countries have a VAT.

Most of the countries I've looked at are mostly financed by income taxes. Which countries are financed mostly by VATs?

67 posted on 11/14/2004 4:40:53 PM PST by Doe Eyes (Fat, drunk, and stupid is no way to go through life.)
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To: Doe Eyes

The EU requires it's members to have a VAT of at least 15%. The UK has a 17.5% VAT. Of course they all use the correct way of expressing a VAT/RST, the tax exclusive rate.


70 posted on 11/15/2004 7:18:03 AM PST by Your Nightmare
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