Originally Posted by NAMOR
can someone explain this math:$205x.23=$47.15 vat reduction
why the 8 Euro difference?
You're determining the VAT wrong. $205 is the price including VAT, so if you multiply the full amount by 23%, you're also including 23% of the VAT.
I.E. Item cost $100, VAT is $23. It's listed as $123, you don't determine the VAT deduction by doing 123 x .23 = $28.29.