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A comment on H&R Block and Intuit Lobby Against Free and Simple Tax Filing (2017). Parent comment

Re:H&R Block and Intuit Lobby Against Free and Simple Tax Fi... by gok on Monday January 21, 2019 @01:15AM (#18958064)
No, they are not the same thing. You pay VAT on the value added at each part of the process. So a retailer pays VAT to their wholesaler, unlike American state sales tax systems.
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Re:H&R Block and Intuit Lobby Against Free and Simple Tax Fi... by icebraining on Monday January 21, 2019 @03:06AM (#18958601)
Yeah, but the retailer then deducts that VAT from the amount charged to the customer, so in the end it's the same, only the final customer pays VAT.
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Re:H&R Block and Intuit Lobby Against Free and Simple Tax Fi... by steve_gh on Monday January 21, 2019 @08:03AM (#18960082)
No. VAT is across the supply chain, provided they are all VAT registered. So as a business you only pay The net VAT between sales and purchases.
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Re:H&R Block and Intuit Lobby Against Free and Simple Tax Fi... by gok on Monday January 21, 2019 @11:46AM (#18961523)
Er, that's what I said/meant? This is unlike US sales tax, which is only applied at the end, and on the entire value of the sale, not the value added.

Edit: Ok I see, the "you" I had in my post was confusing. VAT is charged on the value added at each point of the chain, again unlike sales/use tax.

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Re:H&R Block and Intuit Lobby Against Free and Simple Tax Fi... by koyote on Monday January 21, 2019 @01:23AM (#18958105)
Which is why I said 'pretty much'. In this discussion they can be regarded as the same thing.
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