Europoor here. VAT is a way to tax imports without explicitly imposing tarrifs. It’s a necessary evil for non-competitive economies. Prepare for the rate to increase in the future. On the bright side, it means you are gradually becoming a consumer economy instead of simply slaving away for richer countries.
Europoor here. VAT is a way to tax imports without explicitly imposing tarrifs. It’s a necessary evil for non-competitive economies. Prepare for the rate to increase in the future. On the bright side, it means you are gradually becoming a consumer economy instead of simply slaving away for richer countries.