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oldboy

06-20-2009 12:32 PM

Online and sales taxes sucks!

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?

woj	06-20-2009 12:38 PM

What country is that? Never heard of any adult site collecting tax...

oldboy

06-20-2009 12:43 PM

woj
Most/all European countries have 15-25% VAT (sales tax) on everything they sell.

TidalWave

06-20-2009 12:50 PM

leave your country??

woj	06-20-2009 12:58 PM

Quote:

Originally Posted by oldboy (Post 15981629)

woj
Most/all European countries have 15-25% VAT (sales tax) on everything they sell.

That might be true, but I think everyone from Europe probably just uses some loophole not to collect the tax... but no idea, lets wait for some European sponsors to see what they say...

KillerK

06-20-2009 02:51 PM

atleast you don't have to deal with Obama.

TheDA

06-20-2009 03:50 PM

Quote:

Originally Posted by oldboy (Post 15981594)

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.

NTSS	06-20-2009 09:37 PM

you pay sales tax on intangibles?

oldboy

06-20-2009 11:06 PM

Quote:

Originally Posted by NTSS (Post 15982560)

you pay sales tax on intangibles?

Yes we do.

LoveSandra

06-21-2009 06:59 AM

fuck the taxes.I never paid them.

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