As was mentioned previously, it's only an issue if your dealing with one
nexus. In New Zealand and Australia all items sold in a retail
situation are sold with GST (same as VAT) included in the price, it's
just the way things are, we don't like having to figure out a final cost
by adding some percentage and anyway the tax is charged on everything at
the same rate. But at the same time b2b trade usually involves GST
excl. prices because it is the end consumer who pays the tax at the end
of the day. While it's nice to have an international focus on sales
that isn't the reality for a lot of businesses.
Personally, I think if changes were to be made it would only need to be
applied to customer facing screens like ecommerce, sales order
confirmations and till receipts. The current flag on the webstore or
whatever it is should be enough unless your dealing with b2b trade.
Chris Howe wrote:
Then let me get this straight...
All of the hours of discussion and debuging put into
differentiating VAT from US tax calculation is so that
you can create a round marketing price point that will
get screwed up if you sell in different markets with
differing VAT rates? Interesting.
I think it might be easier to topple the powers that
be than to solve this problem ;) vive le resistance!
--- Scott Gray <[EMAIL PROTECTED]> wrote:
As the VAT is included in the price it would be:
100/1.175 = 85.1063829787234
or
price/(1+VAT) = VAT exclusive
which would be the same as US tax
i think the issue is more related to exclusion or
inclusion of tax in the
final price. They are both percentages on top of the
base price.
Regards
Scott
On 12/10/06, Chris Howe <[EMAIL PROTECTED]>
wrote:
100/ (1-.175) = 121.21212121212121
% = 1/100
--- Andrew Sykes <[EMAIL PROTECTED]>
wrote:
Chris,
I'm not sure I follow this...
VAT -> productPrice / (1-VAT) = final price
productPrice = 100
VAT = 17.5%
100 / (1-17.5) = -6.060606061 ???
It should be...
( productPrice / 100 ) * ( 100 + VAT ) = final
price
Am I misunderstanding your comment?
--
Kind Regards
Andrew Sykes <[EMAIL PROTECTED]>
Sykes Development Ltd
http://www.sykesdevelopment.com
