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exactly. I don't know about US but in Euro you always have to submit an invoice, pay VAT. These companies and individuals should be prosecuted.
by PunchTornado 8y ago
exactly. I don't know about US but in Euro you always have to submit an invoice, pay VAT. These companies and individuals should be prosecuted.
- louisswiss 8y agoThat's just not true. There are lots of countries in Europe *yes, and Euro zone) where you don't have to collect VAT if you sell under a certain amount of revenue per year. I'm not saying that everyone involved in the activities you're describing are doing it 100% by the book. Far from it probably. But that isn't an excuse to just blatantly spread misinformation.
- PunchTornado 8y agoFor example in UK, you don't have to pay VAT if you make under 80.000 or something like that. But, you still have to register as a company or sole trader with HMRC and say that you are involved in an economic activity. And you still have to submit invoices. I doubt that any of these people send invoices through instagram messages...