(VAT) Value Added Tax - Whiteboard Animation Explanation

[vaskopc]

So basically it is split amongst supply chain but at the end it all goes into gov because end product has to be more expensive because at each stage you have to pay vat

[Jelieto]

Thanks for the time you put in this explanation, it's been helpful!

[quadible]

thanks that was simple concise and to the point !

[awekeningbro]

government be like -> "if you are trying to sell something, I would like to have myself a portion of the generated revenue. Thanks."

[IngoziDanger]

😂😂you just confused me more, but your explanation is good, it's just me

[qasimsaleem]

appreciable Bro... i want some amazon skill through your youtube videos..

[kugavapljeska]

sorry but the examplke on end is rly baddly explained and showcased with missaligned red and blue numbers making a big confusion to people. there is many ways you could explain it in the example

[Imperial_Wing]

Good thing we don’t use that here in the states

[kugavapljeska]

everything iun last example does not make sense, rly poorly explained i have to comment second time

[thenightwatchman]

basically the shittiest version of sales tax imaginable.