Quote:
Originally Posted by oldboy
If I sell a membership to a customer in my country 25% of the price is sales tax VAT.
So a $20 membership = $5 in sales tax.
Companies based outside my country/eu don't need to pay any tax and collect the whole $20. This makes it fucking impossible to compete.
Anyone have similar problems?
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Have a dig about, one of the Bush governments signed the US up to this. It is my understanding that US porn companies are supposed to be paying the VAT they collect from EU customers to the government.