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Vat isn't paid on the ad space these companies sell to other foreign businesses.
by mola 7y ago
Vat isn't paid on the ad space these companies sell to other foreign businesses.
- ApolloFortyNine 7y agoThey do though? >https://sellercentral-europe.amazon.com/forums/t/been-charged-vat-on-advertising/176029 https://sellercentral-europe.amazon.com/forums/t/been-charge... >https://sellercentral.amazon.com/gp/help/external/201748700?language=en-US&ref=mpbc_201748790_cont_201748700 https://sellercentral.amazon.com/gp/help/external/201748700?...
- JAlexoid 7y agoVAT is an interesting one, since Amazon isn't even affected by VAT. It's easy to reduce VAT liability altogether. This tax is a crude corporate income tax replacement.
- AdrianB1 7y agoAmazon cannot go around VAT, it is paying it in full to the state; Amazon's customer can deduct VAT if the customer is a business and it is using the product in the production of other products or services that are sold and VAT is collected. The state collects VAT in the end, no matter what.
- alwayseasy 7y agoAmazon doesn't pay the VAT it collects it for the state.