UK Members

[baby_snow_white]

I have a question for someone in the UK. What is VAT?

[Elfy]

Value Added Tax.

The tax added to a lot of things, though not everything, it is 20% of whatever you buying. It is actually quite common throughout most OECD countries, I think the USA is the only one that does it differently (I think).

[Hookedondiapers]

VAT is equivalent to sales tax in the US.

[Dubious]

In the USA you get ripped off, in a way, since the price tag says (like an example) $100, but you have to pay $120, while in any other country the price tag will say $120

[rusty pins]

2 hours ago, Dubious said:

In the USA you get ripped off, in a way, since the price tag says (like an example) $100, but you have to pay $120, while in any other country the price tag will say $120

But in the United States each state has it's own percentage of sales tax.

[Dubious]

What income does states with no tax have?

Should be a flat 10% in all states, or give tourists tax exempt, if the tag says $100, I pay $100 and no tipping!

[rusty pins]

In my state it's 6%.

[Amyuser]

I don't know about the UK but when Americans are in Canada if you show you are American and pay with US dollars they deduct the tax. I used to buy my radios in Canada because they were cheaper.

[Snugglebear_69]

I'm in Canada (Ontario) and we pay 13% HST on basically everything. It's better than the 15% we used to pay but not by a whole lot.