Quote:
Originally Posted by BigFurry
Banks are not a tax authority, they're not checking if you're paying taxes. They only care about avoiding money laundering, money from illegal activities, and sometimes reputational risk.
In many EU countries small businesses and entrepreneurs can register to be exempt from VAT.
https://europa.eu/youreurope/busines...s/index_en.htm
As you can see, in the CZ the limit is around 39000 Euros.
Either way, it's not the banks job to check if you're paying VAT. You could pay it from a different bank, not just theirs. |
I've been paying my VAT. I was under the limit until Czech VR paid me last year, so then I had to move on to the full VAT system here.