Quote:
Originally Posted by Broda
Well, he won't get them BACK, but he can claim the $250 as an expense so he gets a taxdeduction for it. Not quite the same  |
thats not correct, VAT is a consumer tax and does not affect business to business transactions. as a business i have to charge VAT to consumers which i have to transfer to the government. and if i as a business have to pay VAT somewhere i can claim this money from the government. we do this every 3 months.