Quote:
Originally Posted by Struggle4Bucks
[O]r charge just $29.95 a month and only keep $24.76 in your pockets because the government fuckers want their vat. Which will be spend on wars, subsidies for artists who are to creative to work for a living and other bullshit, while they can't even hold a proper budget with all the money they suck. Now that's where our money goes... i prefer to keep it myself... but indeed... it doesn't work like that. I do have a problem with vat because it's not just collected and given through... it's affecting my profit in any or some way.
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That was my point -- somewhere VAT effects the price competitiveness of your product's profit. When you sell outside of the EU you collect (or absorb) no VAT. If I am a USA company (with no EU presence (domiciled office)) VAT is not collected inside the USA or in the EU -- the EU resident consumer would need to make a declaration and pay the VAT directly to that member-nation state. This is like the mechanism that is called 'Use Tax' in the USA -- you declare your internet purchases ( all purchases foreign to that state) and pay use tax -- good luck on that one -- the compliance rate is very low overall.