OT - UKIP
"Adrian" wrote in message
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On Thu, 19 Feb 2015 05:27:25 +1100, john james wrote:
If somebody in France buys something from the UK, now, they pay UK VAT
on it in the same way as a UK resident would.
Not with intangibles like ebooks.
Yep, that is an oddity. Basically, digital downloads are viewed as giving
a nice easy "off-shoring" opportunity in low-VAT countries. So anybody
that sells sufficient digital products into a country to get above the
VAT threshold for that country is regarded as having a presence in that
country.
Problem is, some countries have zero VAT thresholds, versus the UK's £81k.
And that is the area where more would export if Britain was not in the
EU because they would not have to collect and remit the VAT that is due.
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