3 ms·
That's not how VAT works in EU, when I'm buying stuff as business expenses from EU I need a reverse charge bill with my VAT ID and no VAT is applied on purchase
by rafaelmn 2y ago
That's not how VAT works in EU, when I'm buying stuff as business expenses from EU I need a reverse charge bill with my VAT ID and no VAT is applied on purchase. If I buy locally then I subtract the input when I'm paying my VAT or request a return if it's more than I owe in VAT (which happens when you are selling to other countries).