VAT (Value Added Taxes) for EU to be calculated after discounts

sha77

Member
As far as I understand, the VAT should be calculated after any (coupon) discounts. For example, if the product selling price is 100€, but I give a 90% discount, a 24% VAT should be 2.4€, not 24€. Right now, it seems to be calculated the wrong way.

Perhaps I'm missing something, but please check.
 

Kimberlibre

Member
You don't seem to be the only one who's missing something in this. These taxes and rebates have always given me a strange feeling. Even so, I manage to find more information at youngandthrifty.ca that has an important impact on my finances. You know, I've been trying to achieve financial independence for a long time now, including for my family in the future. It draws me to such sources where I can find interesting thoughts and ideas to help my business. This way, you can save time on finding motivation because you can find it all in one place.
 
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