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-   -   EU VAT: a New Tax Headache for E-Commerce (https://gfy.com/showthread.php?t=127222)

Neff 04-22-2003 04:46 AM

EU VAT: a New Tax Headache for E-Commerce
 
And for Adult as well
:(

"For example, if a U.S. based supplier sells digitized products over the Internet (i.e. digital downloads) to a consumer based say, in Germany, the U.S. company will be required to charge/account for German VAT at 16 percent on the sale price," Fay told internetnews.com. "If the U.S. company also sells to an Irish consumer, 21 percent VAT will have to be charged, a UK consumer 17= percent, etc."

And that includes companies that offer things like Web-hosting, ASP services, sales of downloadable software and upgrades, the sale of electronic books, streaming music, digital movies, computer games and even distance-learning services.

http://www.internetnews.com/ec-news/article.php/2194111

Keev 04-22-2003 05:17 AM

Good luck enforcing that ... EU IRS

Naughty 04-22-2003 05:19 AM

They hate us entrepreneurs

Gunni 04-22-2003 05:26 AM

That is just daft!
How can they expect this to be enforced? Itīs like saying that if you go to the U.S. on holidays from Europe, you have to pay VAT for everything you bought while you were there! A customer that buys him self a membership to an adult site that is hosted in America, is technically going all that way to watch it. Or that is the way I see it. I mean how can a government tax a company that has nothing to do with that country? If the company is not based in that country, nor is it targeting the people of that country, how can it be held responsable for people buying theyr products?

SothArtist 04-22-2003 05:31 AM

I dont know how they will enforce that or if its true.

I know in Aus we charge an extra 10% for GST now when we sell to an Aus biz or consumer. But we don't charge GST for overseas clients. I really don't see how they can do it.

genomega 04-22-2003 05:36 AM

Quote:

How can they expect this to be enforced?
Simple, they will implant a micro chip in all of their sheep so they can track them.

:Graucho

whee 05-24-2003 05:00 PM

Even google adwords require this new shit.
25 percent VAT... In my country... God damn those greedy freaks :feels-hot
<br>

Olivier 05-24-2003 05:05 PM

what the...:eek2

Probono 05-24-2003 05:41 PM

And I thought Holland was a good place to do business from. sigh

REMbraNT 05-24-2003 05:58 PM

This is crazy

I haven't seen any good news since 2002 november 15 in the adult biz.:mad:


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