| ▲ | rapidaneurism 42 minutes ago | |
Aren't local profits taxed? | ||
| ▲ | em-bee 6 minutes ago | parent | next [-] | |
profits are taxed, but VAT captures turnover or revenue, not profits, otherwise if everyone spends all their profits there would be nothing left to tax. | ||
| ▲ | socksy 25 minutes ago | parent | prev [-] | |
Isn't that just VAT? | ||