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Pipes & Tobacco
General Pipe Discussion
Ordering a New Pipe
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<blockquote data-quote="Blackhorse" data-source="post: 205630" data-attributes="member: 1365"><p>The Value Added Tax is pretty common in many parts of the world.</p><p></p><p>The premise is that the purchaser of an item pays a tax based on the value that has been added to an item during its manufacture. So a pipe starts out as a hunk of briar and a piece of lucite (hopefully) that are worth, let's say $40 US. It ends up as a Peterson Pipe worth $140 US...so $100 US in value has been added...and you pay a tax on that. If the VAT is 10% the tax is $10 US.</p><p></p><p>The thing that bothers ME, is that this an Italian site. The pipe was MADE in the UK (assumption) so that's where the value was added. Why does anyone have to pay a tax on value added outside of the tax base? That doesn't seem logical...but then I guess we ARE talking about taxes here. I guess the EU takes it's "cut" of anything sold no matter where it was made at the point of final sale. </p><p></p><p>Taxes suck.</p></blockquote><p></p>
[QUOTE="Blackhorse, post: 205630, member: 1365"] The Value Added Tax is pretty common in many parts of the world. The premise is that the purchaser of an item pays a tax based on the value that has been added to an item during its manufacture. So a pipe starts out as a hunk of briar and a piece of lucite (hopefully) that are worth, let's say $40 US. It ends up as a Peterson Pipe worth $140 US...so $100 US in value has been added...and you pay a tax on that. If the VAT is 10% the tax is $10 US. The thing that bothers ME, is that this an Italian site. The pipe was MADE in the UK (assumption) so that's where the value was added. Why does anyone have to pay a tax on value added outside of the tax base? That doesn't seem logical...but then I guess we ARE talking about taxes here. I guess the EU takes it's "cut" of anything sold no matter where it was made at the point of final sale. Taxes suck. [/QUOTE]
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Ordering a New Pipe
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