How to avoid VAT in EU from the 1st 2024

[JohnnyDoe]

wellington said:
Average Income Tax Europe = 40.24%
Average VAT Tax Europe = 21%
Average Property Tax Europe = 2.5%

= 63.74% taxes.
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Plus various forms of socialist expropriation, plus the legal fees that you inevitably need to pay to defend yourself from the regular attacks from parasites (the state, brainwashed employees etc) and you are left with almost nothing.

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[thomasparra]

JohnnyDoe said:
Plus various forms of socialist expropriation, plus the legal fees that you inevitably need to pay to defend yourself from the regular attacks from parasites (the state, brainwashed employees etc) and you are left with almost nothing.
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Until you get severely ill and no one will cover your chimio costs. But yes, Europe is a tax hell.

 

[thomasparra]

Until you get⁠ severely ill and no one will cover your chimio costs. But yes, Europe is a⁤ tax hell.

 

[Don]

Dont forget social tax 20% on average. And when you buy that bottle of⁣ wine or gas for your car add excise as well.
You might have ~90% taxes.⁢

Brussels: where every desk is a step closer to Marx, and the European dream means︀ living like capitalists on a communist's paycheck.

Always keep one foot out.

 

[Dandyline]

That's what insurance is for.‍

 

[thomasparra]

Dandyline said:
That's what insurance is for.
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Good luck finding a private insurance who will insure you if you have cancer lol. Guess you never subscribed to one and had to answer their questions on your current health status.

 

[thomasparra]

Good luck finding a private‌ insurance who will insure you if you have cancer lol. Guess you never subscribed to‍ one and had to answer their questions on your current health status.

 

[twgtrading]

Let's say I have a few UK Ltd companies using Stripe and PayPal and I‌ am selling products to the world (including USA and EU side), I have to pay‍ taxes even if my UK Ltd companies are all registered under non EU resident?

23% sounds a lot to me.

Need advice from the gurus here.

 

[Sdrak]

Where to find a list of non-EU PSPs? Any example?

 

[Dandyline]

Doesn't matter if its a non-EU psp or not. It still get reported if any‍ EU part is involved.

 

[AlicaFunk]

And now, just a few years down︂ the line, it's become essential for everyone to apply VAT to B2C transactions, even those︃ happening online. At the very least, payment service providers are now tasked with ensuring compliance.︄

The era of the internet being called the Wild West is quickly coming to an︅ end, as thorough regulations are put in place, allowing those in power to reclaim control︆ over their domain.

 

[5K1PP3R]

it is enough to register a company⁠ outside EU, Georgia for example

 

[AlicaFunk]

You think it is an option ?

what you mean?

 

[AtlasShrugged]

Is this only business accounts? I currently have a personal PayPal account I⁤ receive income in and I haven't reported it and have no plans to either, but⁣ they're small amounts 1000-2000 USD. I read somewhere else here that PayPal doesn't report to⁢ tax authorities. It might have been an old post

 

[JohnLocke]

They report, I know that from‍ personal experience.

 

[AtlasShrugged]

Was that‌ a personal account? When I log into my personal account, I can only find my‍ address. I cannot find my TIN. I don't remember if I gave them my tax⁠ number or not

 

[ShillGates]

only business and when making more than 30 odd transactions a year or quarter.

all is reported , nothing to do with your tin - it has to do with‌ your vat number - or lack thereof. they report vat number + card details customers‍ and addresses - send this over to a eu big db - after the tax⁠ agency of each country can send you a nice little letter telling you that you⁤ owe them 15 euro in unpaid vat + 10000 fine am sure.

there is no⁣ hiding, no loophole - so no what if you ....... question will solve this

thr above is for card detilas payment which comprises the vast majority of online sales. Also⁢ goes for other payment methods b2c - bank transfer, through 3rd parties and all. bascially︀ the aim is for that database to know ALL your sales. Like the gestapo eras︁ unreal - slaves of Europe

 

[pixbix]

You will give them more,⁠ as VAT is not paid on the profit.
So .. if you buy products worth⁤ of 800 000 , and resell them for 1.000.000, you will probably earn 100 000⁣ after your expenses, shipping, hiring a few girls to help you out,etc... rent, gasoline, taxi⁢ ,etc...
so you wont pay 20 000$ in VAT but you will pay 200 000$︀ 🙂 their profit 200 000$, your profit 100 000$ 🙂 and then they will come after you︁ for more taxes🙂