That’s not how VAT works. As a business you pay VAT as an input tax. You can deduct that from your VAT liability at point of sale. The business is liable to pay VAT on the sale to the end consumer but can (and does) recharge it to the customer. Not a tax expert at all, so I might be off a bit - but I am sure that you don’t pay full VAT on every R&D, production, sale step along the process.
- 0 Posts
- 5 Comments
Joined 2 years ago
Cake day: June 13th, 2023
You are not logged in. If you use a Fediverse account that is able to follow users, you can follow this user.
Zabjam@lemm.eeto World News@beehaw.org•Anti-China Rhetoric Is Off the Charts in Western Media2·2 years agoYeah that’s true. As long as there is good transit, everything is fine. That Hitler guy built the autobahn. Must have been a great leader.
Zabjam@lemm.eeto World News@lemmy.ml•Germans caught celebrating Oktoberfest with Nazi salutes2·2 years agoTIL that requesting proof for outlandish statements is debate pervetry. But I guess I take your advice and will block trolls like you
Zabjam@lemm.eeto World News@lemmy.ml•Germans caught celebrating Oktoberfest with Nazi salutes11·2 years agoCould have just said “no”
I always find it interesting how people become expats instead of immigrants just based on the fact that their country of origin is the US or the UK. Englishman in Spain? expat. US American in France? Expat. Pakistani in the UK? Immigrant. Mexican in the US? Immigrant.