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I did not want to speak in favor of VAT. I agree, that VAT can be a problem in general for smaller companies. Small companies are often fighting against the wal
by PythonicAlpha 11y ago
I did not want to speak in favor of VAT. I agree, that VAT can be a problem in general for smaller companies. Small companies are often fighting against the wall. And I also don't like VAT.
But I wanted to make the point that the new VAT rules in the EU regarding non-physical goods that are sold over the internet (for example downloadable products or also any internet-services) are even more destroying, particularly for very small companies and startups.
So, without a good reason, they just destroy those companies, that are the future and whose counterparts in the US are so successful.
With such stupid regulations, they just kill innovation!
VAT is bad, but the new EU VAT rules are pure insanity.
(btw. did you know, that those rules also apply for US companies that want to sell in Europe? -- just with the difference, that US companies have a big enough market themselves -- something that EU companies don't, because the EU is destroying this market with over-regulation and stupidity)