Quote:
Originally Posted by JSWolf
The difference between VAT and US sales tax is that VAT has to be included in the price. Sales tax is added at point of sale.
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No that isn't the difference VAT != Sales Tax
You are correct in that Sales Tax is added at the point of sale, and that VAT is included. The reason VAT is not added at the point of sale is because it's added all along the chain and even more confusingly can be different amounts at different points in the chain depending on what value you are adding and what tax rate that value attracts.
Lets just agree that Taxes are complicated and DIFFERENT in different countries and leave it at that.