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Reply To: How is the VAT on a product is calculated? what is the matrix for that?

    Satoru
    Enhanced
    JP

    VAT is actually quite a straightforward process, countries have selected the percentage of VAT you need to pay, so let’s say you want to sell in the UK you’ll need to pay 20% VAT, and the seller collects the VAT from the buyer, and eventually pays to the state, only the end user pays the VAT, so you’ll need to increase the price according to the VAT you’ll be paying, let’s say your product has a price of 20$ in USA, in UK you’ll bump the price by 20%, so buyer will pay that and Amazon will cut from your sale.