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VAT is generally not paid from b2b transactions which are the vast majority of ad sales. To be precise you do pay VAT in some cases but then it is refunded. So
by sharpneli 8y ago
VAT is generally not paid from b2b transactions which are the vast majority of ad sales.
To be precise you do pay VAT in some cases but then it is refunded. So no money to government.
- kgwgk 8y agoVAT would be only partially refunded. Unless you’re selling your product/service for less than it costs you, not a good business model.
- tonyedgecombe 8y agoIt works its way down the supply chain until it reaches the consumer.