Quote:
Originally Posted by tompe
In Sweden from a consumers point of view we say that the VAT is 20% and that is the VAT part of the price including VAT. From the sellers point of view or from a companies poit of view the VAT is 25% which is what he adds to the price without VAT. A consumer never have to add the VAT since it is always included in the price.
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How interesting - we don't look at it that way; we regard our VAT rate as being 17.5% from the viewpoint of both the consumer and the business.
As long as you do the maths right, it all works out the same, of course.