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> VAT is tax for consumers, not corporations Sorry, but where does this misconception come from that companies don't pay VAT? It's not true, I see it on my com
by woodpanel 8y ago
> VAT is tax for consumers, not corporations
Sorry, but where does this misconception come from that companies don't pay VAT? It's not true, I see it on my company's tax statement every month ;-)
- Rexxar 8y agoThe answer is that company is the tax collector, not the tax payer. IMHO it's mainly a semantic distinction, the result is practically the same.
- bsaul 8y agoit’s absolutely not the same. If the VAT goes up 10%, your benefits after taxes won’t change one bit. VAT is indeed not paid by corporations.
- Rexxar 8y agoIf price is already fixed in a contract it's not the same, indeed. For new client, it's basically equivalent as the price will adjust. (For example, higher TVA => client pay more => less demand => you have to reduce margin to keep some clients. In this case even if you don't technically pay the tax, you lose money if the tax become higher).