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VAT is applied on every good sold. So no. If you are able to produce cheaper and shipped cheaper than your EU competitor it will be cheaper when a consumer buys
by smooc 2y ago
VAT is applied on every good sold. So no. If you are able to produce cheaper and shipped cheaper than your EU competitor it will be cheaper when a consumer buys it.
The consumer pays the VAT, not the producer.
- surfmike 2y agoYour European competitor will be able to deduct all their local VAT taxes on business inputs but you won’t be able to deduct your local sales taxes on your inputs.