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Wow, that VAT is hideous. Protectionist, eh? People freak out in the US when protectionist measures are put forth for consideration in international trade.
When you have a consumer economy you still need to tax the producers to keep it going
Topic: Paid for ASIC hosting in the US to avoid EU import VAT. - page 2. (Read 4166 times)
When you have a consumer economy you still need to tax the producers to keep it going
Yeah if you purchase $10,000 of ASICs from the states then that means you need to save $2,000 for the tax man before they arrive. When that $2,000 could buy you another ASIC and you'd pay the same as the lump sum VAT fee on instalments over two+ years.
Wow, that VAT is hideous. Protectionist, eh? People freak out in the US when protectionist measures are put forth for consideration in international trade.
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It would work out the fees all in that you would pay the same amount in hosting fees (all in) over two years in monthly instalments as the 20% import VAT upfront.
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