Comment by butterknife 10 months ago You are right I suppose. We pay it and then we can get some of it returned. 3 comments butterknife Reply bildung 10 months ago You get all of it returned. 100% of the VAT you paid on things you as a company bought you'll get back from the tax office.And when selling products, you'll send 100% of the VAT collected from consumers to the tax office.VAT doesn't affect a company (besides the bookkeeping). SJC_Hacker 10 months ago If thats the case, why not just register a business, and make a bunch of purchases so you don't have to pay VAT? bildung 10 months ago Because that would be an obvious loophole and has been made illegal almost everywhere (i.e. you can't have a business that isn't aiming for profitability).
bildung 10 months ago You get all of it returned. 100% of the VAT you paid on things you as a company bought you'll get back from the tax office.And when selling products, you'll send 100% of the VAT collected from consumers to the tax office.VAT doesn't affect a company (besides the bookkeeping). SJC_Hacker 10 months ago If thats the case, why not just register a business, and make a bunch of purchases so you don't have to pay VAT? bildung 10 months ago Because that would be an obvious loophole and has been made illegal almost everywhere (i.e. you can't have a business that isn't aiming for profitability).
SJC_Hacker 10 months ago If thats the case, why not just register a business, and make a bunch of purchases so you don't have to pay VAT? bildung 10 months ago Because that would be an obvious loophole and has been made illegal almost everywhere (i.e. you can't have a business that isn't aiming for profitability).
bildung 10 months ago Because that would be an obvious loophole and has been made illegal almost everywhere (i.e. you can't have a business that isn't aiming for profitability).
You get all of it returned. 100% of the VAT you paid on things you as a company bought you'll get back from the tax office.
And when selling products, you'll send 100% of the VAT collected from consumers to the tax office.
VAT doesn't affect a company (besides the bookkeeping).
If thats the case, why not just register a business, and make a bunch of purchases so you don't have to pay VAT?
Because that would be an obvious loophole and has been made illegal almost everywhere (i.e. you can't have a business that isn't aiming for profitability).