On Wed, Jun 28, 2000 at 12:17:26PM +0100, Wesley Darlington wrote:
> > b) be registered for V.A.T. in Ireland and charge Irish V.A.T. if they do
> > above a certain amount of business with Irish customers.
>> Our accounts people tell me that this threshold is twenty seven grand
> (irish). Not a lot. You know what to do if you're feeling nasty...! :-)
Yeah, I knew this was a fairly low threshold. So, any reasonably large firm
operating in the E.U. will have to deal with 12 different V.A.T.
authorities. Mind you, in the U.S. there are 7,000 taxing jurisdictions and
17,000 tax rates. A sufficiently large company which is considered to be
"engaging in business" in all 50 states has to deal with all of these -
makes E.U. V.A.T. look like a walk in the park :-) Hmm, I knew there was a
reason why I'm not an accountant.
>> > Unfortunately, some suppliers (wrongly) insist on charging U.K. V.A.T. which
> > is very difficult (if not impossible) to reclaim.
>> Don't buy from them, then! :-)
Hence the original mail, to test the waters, so to speak.
Regards,
Niall
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