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EU-wide tax | 360 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
EU-wide tax
Authored by: Wol on Wednesday, May 15 2013 @ 06:16 PM EDT
You're thinking of VAT.

Which is a standardised sales tax across the EU. What is not standard is the
rate, but market forces means it is similar across all countries. And the EU
centrally takes about 2%.

The UK used to be one of the lowest at 15%. I think we still are but it's now
20%. Many European countries are about 25%.

Cheers,
Wol

[ Reply to This | Parent | # ]

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