Post
Topic
Board Announcements (Altcoins)
Re: [ICO][ANN]🌙🌙 🌙 Moonlite - Large scale, green crypto mining ICO 🌙 🌙 🌙
by
btcthor
on 19/03/2018, 08:38:48 UTC
@MoonLite Project ICO

Interesting project

Stumbled on something when reading the whitepaper.

"Exempt from VAT, and VAT claimable on all Data Centre Equipment"

How does that work? Thought you had to pay VAT on all purchases regardless?

"Corporate Income Tax at 20%, with the possibility of a ceiling"
What do you mean by possibility of a ceiling?

Appreciate your response


Any response to this question appreciated.

Very interested in the project so I'm curious as to how this works in Iceland.