Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales
by benaadams on Monday July 01, 2019 @11:04AM
(#20325985)
Companies don't pay VAT on their purchases; the consumer pays the VAT.
Would they sell their products for 20% less; or would they decide consumers were happy to pay at that price so keep the price the same and keep the extra as profits?
Would they sell their products for 20% less; or would they decide consumers were happy to pay at that price so keep the price the same and keep the extra as profits?