How does the VAT system work?

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[@chrisward8436]

(1:19) Surely the $40 is 20% of the consumer price, not 40%!

[@OnlyForF1]

Yep, this made it completely useless lol

[@kugavapljeska]

i was just about to piint that out, ussles video now

[@mrgrehan9981]

do the first person not pay any vat? surley they dont get their stuff for free with out vat

[@BadmanC3]

Perfect explanation

[@surajkamalthapa1252]

Thank u its help me alot

[@kenesufernandez1281]

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