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Posts: 48 | Thanked: 128 times | Joined on Dec 2009
#1458
Originally Posted by trashin View Post
24% of 399€ (399*0.24) is 95.76€.
399€ - 95.76€ = 303.24€


Your phone has had a flat VAT rate of (321.77€/399€=0.8064411027568922) 19.4% deducted.
How they got to that figure I do not know.
In EU, VAT is added to the VAT-free price. If the price including VAT is 399,00 €, then VAT-free price is 399,00 € / 1,24 = 321,77 € and VAT is 399,00 € - 321,77 € = 77,23 € (= 24 % x 321,77 €).
 

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