Re: UKNM: EU Internet VAT

[Jo Chipchase]

Sam wrote:

>Eeek...anyone else spot this on Tornado Insider?

>

>http://www.tornado-insider.com/closeup/vat.asp

>

>Maybe I'm just catching up with the pack, unless I'm mistaken this seems to

>me like building a Ferrari and then limiting the speed to 15 mph. Will a

>European-wide value-added tax undermine the huge strides in ecommerce

>development that are taking place?

>

>Does this give anyone else the jitters or do I just need to lay off the

>coffee?


Not particularly from the buyer's point of view - it fails to be traumatic

if you're VAT registered.  Although it *is* attractive not to pay VAT on

domain names, etc., if you register them within the EU.



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