Quote from: noodle73 on September 04, 2013, 10:55:29 AM

Quote from: 600watt on September 04, 2013, 10:47:15 AM

Quote from: Mota on September 04, 2013, 10:40:14 AM

Quote from: Rampion on September 04, 2013, 10:36:21 AM

If you are in the EU, not at all. Sweden is an EU company, and any EU registered company is considered an intra-community operator - you can buy and sell goods without any VAT between EU registered companies.

Because of my work I constantly deal with EU companies and I can guarantee you that there is no VAT in anything I buy/sell in the EU. In fact, my KNC miners have 0% VAT on the invoice.

That is simply not true. You always have to pay VAT in the EU. As to when, that strongly depends on certain factors. Consumers do it immediately, small businessses (in Germany) have to pay until the 10th of the next month and big companies do it at the end of the year.

no. the vat a business has to pay is the vat it GETs FROM customers. a business does not pay vat, it´s the customers. the business only collects it. when you buy soemthing as a business the invoice contains vat, but you deduct this vat from the vat you are collecting from your customers (= no vat). if you buy something from another country that is in the EU for your business, there will not be any vat.

+1. Mota, I'm afraid you're wrong on this one. Business inputs aren't Vat-able. A business can sell to another business within the EU without charging VAT as long as the recipient business quotes their EU VAT number, but it does have to be a cross border trade to be able to do this.

Sigh... That is true. BUT once you have your miner in hand you have to personally declare said bought miner at your local finance institution and pay the VAT for it in a period of max. 1 month. At least in Germany and with a small business. And anything bigger than a small business would be way more complex tax wise. You would have to pay the tax for your estimated earnings up front and you would have to give a wayyyy more complex financial statement at the end of the year to get it back. AND you can be sure that you would get a tax check (dunno the right word, in German it's Steuerprüfung) if you buy stuff for your company and have no earnings with it.

Edit: That is why I switched to payment with VAT included, in the end the ~1k does not nearly hurt me as much as a finance check Wink