> I saw a clip of Chinese news broadcast giving shocking rates on Youtube, like a quarter to a third,
20-25% VAT is pretty common in Europe, so while that's high I wouldn't go so far as shocking.
20-25% VAT is pretty common in Europe, so while that's high I wouldn't go so far as shocking.
It has been a while so it is a little fuzzy, but I recall the broadcaster said up to 50% of pre-tax price. The official VAT rate is like 17% now, I think (just googled it). So it is other fees imposed by local governments that are onerous.