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They still pay vat at least and employe cleaners etc. Better then nothing
by Bombthecat 1y ago
They still pay vat at least and employe cleaners etc.
Better then nothing
- DrScientist 1y agoThey even try and avoid VAT - an example if flying a private jet outside the country to 'buy' it. Or in the case of Abramovich - allegedly create a whole circular set of sham companies to avoid paying VAT on your super yacht. See https://www.thebureauinvestigates.com/stories/2025-06-19/cyprus-steps-up-pursuit-of-abramovichs-14m-unpaid-taxes#:~:text=Blue%20Ocean%20Yacht%20Management%2C%20a,owed%20%E2%82%AC14m%20in%20VAT. https://www.thebureauinvestigates.com/stories/2025-06-19/cyp...
- Ey7NFZ3P0nzAe 1y agoUntil they lobby hard enough to have a reduced VAT on luxury goods as it happened in France. The argument being, you guessed it, otherwise they would buy stuff elsewhere.