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Forum: Dollars & Cents

10-12-2016, 05:38

Replies: 51

Brexit and VAT

Views: 8,384

Posted By K_V_B

Re: Brexit and VAT

There is a difference between a "Value Added Tax" and a "Sales Tax". There is a good wikipedia article that explains the difference. And why governments like it...
...

Forum: Dollars & Cents

10-12-2016, 05:18

Replies: 51

Brexit and VAT

Views: 8,384

Posted By K_V_B

Re: Brexit and VAT

I don't think there is any country in the EU that _automatically_ grants citizenship to people after 5 years of residency...

Forum: Dollars & Cents

08-12-2016, 13:50

Replies: 51

Brexit and VAT

Views: 8,384

Posted By K_V_B

Re: Brexit and VAT

VAT is not a specific EU thing. There are more non-EU countries with VAT than EU countries (not all explicitly call it VAT though). In fact the US is the only OECD nation without VAT.
If course,...

Forum: Dollars & Cents

11-07-2016, 06:42

Replies: 51

Brexit and VAT

Views: 8,384

Posted By K_V_B

Re: Brexit and VAT

There is no VAT sharing in the EU. I assume that UK VAT will just pretty much remain as it is. (VAT is not a specific EU thing after all...).

Forum: Dollars & Cents

11-07-2016, 03:22

Replies: 51

Brexit and VAT

Views: 8,384

Posted By K_V_B

Re: Brexit and VAT

Right now the UK is still part of the EU, nothing has changed. And it is very well possible that nothing will change, ie. that the UK will simply remain in the EU.

Until the UK actually leaves...

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