Quote:
Originally Posted by NatalieK
it shows each level of vat payments, and at every level of the sale, the vat man wins  |
Actually the VAT man refunds the VAT for all except of the last transaction.
One of the basic rules in VAT is that the same thing may not be VAT taxed twice.
You can read that on the page where the image is from:
wikipedia.org/wiki/Value-added_tax
I'm not sure why you what to believe so hardly that you have to pay it. There are cases where would need to pay it but also would get it back, but in ours thats not true.