Quote:
Originally Posted by redwhiteandblue
That is true but if you're selling to consumers, you can't collect it from them. If you're selling a product at $19.99 and then you suddenly go over the VAT threshold so you have to start paying it, you can't just add 20% onto your prices and expect to make the same sales. So effectively you're the one paying the VAT.
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If i would be lawmaker, i would make VAT automatically charged on each transaction (kind a like a cross sale on paysites) and that way seller would not need to collect it. Plus it would eliminate need for threshold