Quote:
Originally posted by Sexzity
He is selling becouse of the danish VAT. He has to pay 25% in VAT on every sale he make and that leaves him with allmost nothing.
ex: If 1 webmaster sell for 500$, he has to pay 100$ in VAT and 250$ to the webmaster. He allso had to pay the CCbill fee and then there is around 80$ back to him.
If the webmaster sell for 1000$ with the program it runs now, he has to pay 200$ in VAT, 750$ to the webmaster and 160$ in CCbill fee. Leaves him with a minus 90$
Reason for this is that the danish tax office want VAT for every single sale nomatter to who the membership was sold to and that is allso the reason that many danes have a company in UK.
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Why doesn't he get an offshore bank account?