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"legalese bullshit" - you sell a product, you need to handle VAT. Every single business in the EU abides by this, why should a business be exempt just because t
by brtkdotse 4y ago
"legalese bullshit" - you sell a product, you need to handle VAT. Every single business in the EU abides by this, why should a business be exempt just because they're on the internet?
- emteycz 4y agoThat's not true, there's a rather large minimum until you need to think about VAT. 100k EUR/year where I live.
- brtkdotse 4y agoNot since last year https://vat-one-stop-shop.ec.europa.eu/index_en https://vat-one-stop-shop.ec.europa.eu/index_en
- emteycz 4y agoLol, "simpler and fairer world"? I want some of what these people are smoking. I'm a VAT payer and it's at minimum 15-20 incredibly complicated accounting forms per year, with harsh penalties for mistakes and missed deadlines. I would never be able to start doing business if I had to do this at the beginning, and I'm in the most lucrative market today - and I would never risk it too, the fines are damn huge. Doing the forms costs me thousands of euro yearly even though my accounting is totally simple, I have just few invoices per month with just few line items. As I said, this is why this place is failing business-wise.
- bryanrasmussen 4y agoI'm in Denmark, which I would not have expected to be the simplest place for taxes, but evidently it must be because I don't have any of these problems you do with VAT, although I only invoice one time per month it's true so maybe that is the difference.
- pchangr 4y agoCan you tell me about other countries requiring an impressum? .. I think Switzerland..?
- ricardobayes 4y agoUS businesses - afaik - are not required to collect sales tax out of state below a threshold of 100k per year per state. So yeah, the parent comment is valid. A bit of pro-new-business flexibility wouldn't hurt in Europe.