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Old January 24th 12, 08:19 PM posted to uk.railway,uk.transport.london,misc.transport.rail.americas
Adam H. Kerman Adam H. Kerman is offline
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First recorded activity at LondonBanter: Jan 2012
Posts: 167
Default Stating prices at retail inclusive of taxes

Colin Youngs wrote:
"Adam H. Kerman" schreef


Does Europe pool collections from the VAT?


A sum calculated as a proportion of notional VAT receipts is paid into the
EU budget as one of its "own resources".


http://ec.europa.eu/budget/explained...ing/fin_en.cfm


http://en.wikipedia.org/wiki/Budget_...European_Union ("VAT based own
resouces")


Thanks