← Back to context Comment by butterknife 8 months ago You are right I suppose. We pay it and then we can get some of it returned. 3 comments butterknife Reply bildung 8 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 8 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 8 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 8 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 8 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 8 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 8 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 8 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 8 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).