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That's why VAT is such a popular tax in Europe. It is very hard to evade. As soon as you spend money, you pay taxes.
by Hermel 10y ago
That's why VAT is such a popular tax in Europe. It is very hard to evade. As soon as you spend money, you pay taxes.
- scurvy 10y agoWhat about VAT fraud? A couple of shell companies and not only have you evaded the tax, you've now profited from it.
- Hermel 10y agoIt's certainly possible, but still much harder to evade than a sales tax or an income tax.
- lucaspiller 10y ago> It is very hard to evade. Its pretty easy to get residence in a non-EU country and then reclaim the VAT when you return 'home'. Your 'non-EU' country can even be as close as Jersey.
- Hermel 10y agoThat works for physical goods, but not for a diner in London.