January 20, 2007 at 1:39 am
#723568
Inactive
I’ve had several discussions with my accountant regarding the Value added tax and Affiliate Commissions.
My point is that it is not possible to pay this tax on a foreing income.
The tax office statement here, is that since the activity is performed from the national territory, the VAT is applicable.
Wrong IMO since in the exportation of goods no domestic taxes are paid.
We are exporting a service from our countries and receiving a payment.
I’m looking for an offshore structure in the future to avoid this tax