On: EU’s New VAT Rules Could Create a Mess for Startup...

[bjelkeman-again]

Actually VAT is paid by every business (with a few exceptions) on the extra value it creates.

http://en.wikipedia.org/wiki/Value-added_tax#Comparison_with...

[raverbashing → bjelkeman-again]

Yep, you're right. It's a more complicated calculation

But there's VAT to be paid on the sale, which is kind of similar.