Sales tax creates more unnecessary pain than value added tax

Re:Sales tax creates more unnecessary pain than value added tax by joefourier on Friday December 11, 2020 @08:34PM (#25394343)

You don't pay VAT on intra-EU B2B transactions; the buyer adds the VAT amount at their country's rate to both the amount to pay and the amount to claim back, cancelling it out.

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Re:Sales tax creates more unnecessary pain than value added tax by TazeTSchnitzel on Saturday December 12, 2020 @05:47AM (#25397395)

The reverse charge is still VAT being paid, just differently.

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Re:Sales tax creates more unnecessary pain than value added tax by joefourier on Saturday December 12, 2020 @06:01AM (#25397457)

How so if the net liability change is nil? No extra money comes out of your account, it's just a paper charge that cancels itself.

If I have misinterpreted it, I would very much like to know so I can inform my accountant. VAT is enough of a hairy mess as it is.

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Re:Sales tax creates more unnecessary pain than value added tax by imhoguy on Saturday December 12, 2020 @03:10AM (#25396641)

This, reverse charge.

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