On Sun, Jul 3, 2011 at 12:47 PM, Gruss Gott <[email protected]> wrote:
>
> "Because exports are generally zero-rated (and VAT refunded or offset
> against other taxes), this is often where VAT fraud occurs.

Simply because fraud occurs does not mean a national sales tax is not
workable.  Income tax fraud occurs as well.

The amount lost to fraud is minuet compared to the revenue generated.

Are there any colors in your world other than black and white?

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