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October 5th, 2006, 06:28 PM #1
VAT..? I'm a little confused..
- Join Date
- August 2nd, 2005
I'm from europe, and we are supposed to enter a VAT number if we have a company.
I have thus far been running as an individual without VAT number, but just heard from a friend of mine that with a VAT number you receive an EXTRA 20% on top of all earning.
This money should off course be sent to the government, but first we are allowed to withdraw VAT that we have paid ourselfes for products..
How does this works really.. Do CJ somehow gets this money from my coutry by telling the the VAT number, and then pass it along to me?
I can't imagine that CJ puts in an extra 20% without getting it from omewhere else..
October 5th, 2006, 07:22 PM #2
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