Dan.com: Why are European domain buyers getting hit with 21% VAT
Domain names being sold on Dan.com carry a 21% VAT (Value Added Tax) the European equivalent of the US sales tax. The collection of VAT is to be expected in all European countries that are members of the Eurozone: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Internet sales tax : A serious threat to the domain investor community?
Republican Congressman, Bob Goodlatte, is currently introducing a bill enabling sales taxation on the Internet. In 1997, the federal government decided to limit taxation of Internet activity for a period of time. According to Wikipedia: The Internet Tax Freedom Act (ITFA) prohibits taxes on Internet access, which is defined as a service that allows users access […]
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