You (as an individual) went to buy tires for your car, you need 4 tires....
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Accounting
You (as an individual) went to buy tires for your car, you need 4 tires. The merchant told you that the price of one tire is 1,000 Egyptian pounds plus 14% VAT. He told you that he is willing to sell you each tire for 1,000 Egyptian pounds only if you do not require an invoice. Required: a) Will you decide to take an invoice and pay the VAT amount or would you decide not to take an invoice and pay less (no VAT). Why? (you need to explain the logic behind your answer) b) Will you answer change if you are buying these tires as a representative of a company
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