Quote:
Originally Posted by Barry-xlovecam
I see it as trade protectionism -- why can't the EU rely on their loyal willing to pay tax payers' attitude for the buyers to declare and pay the VAT on their foreign purchases?
How many people would pay the regressive tax voluntarily -- 18% to 27% VAT?
The truth is, that they (the EU), wants businesses worldwide to collect their taxes for them uncompensated for being the EU's tax collector -- the rest of the world should charge the EU tax man 28% of the tax collected as a fee 
If EU sellers are not globally competitive because of their taxation laws then they should change their tax laws in the EU -- exempt online purchases for VAT.
There may be a bigger picture here; the taxman is forcing (perhaps unintentionally?) EU companies to find foreign markets and sell to non-taxable customers maybe? The Euro declines in value and the forgotten (online) sales in the EU are taxed.
This incentivizes export and foreign sales for the Euro Zone business community. |
Pay VAT voluntarily? That is so silly, why you even bring it up?
About the VAT laws; as internet sales are growing business, it is quite hard to see that those sales could be VAT free. Well, unless you take the US debt over debt approach. Maybe the rest of the world should add "debt tax" to US companies to compensate US being compensating their own businesses?
About outside EU sales; basically those have to be counted too; as there is reporting oblications if the sums exceed certain sum (although that sum is quite big). So, it really doesn't help that much in this bureoucracy issue.
Basically the issue in here is to make things less bureoucracy intensive, not the VAT per se.