12:14 Aug 8, 2005 |
German to English translations [PRO] Law/Patents - Law: Taxation & Customs | |||||||
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| Selected response from: Kieran McCann United Kingdom Local time: 09:37 | ||||||
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Summary of answers provided | ||||
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3 | can not be applied to/for |
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3 | deemed to constitute part of... |
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3 | is non-refundable |
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2 | s.u. |
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Discussion entries: 2 | |
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can not be applied to/for Explanation: - |
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deemed to constitute part of... Explanation: VAT on the auctioneer’s commission cannot be deemed to constitute part of an export order VAT is not normally charged on purchases made at auction unless the goods are new. The auctioneer’s commission (usually between 10% and 15%) does however attract VAT. I read this to mean that you can’t claim back VAT on an export order because the auctioneer's service itself is separate. |
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kann nicht...geltend gemacht werden is non-refundable Explanation: this would be the term for an individual outside the EU trying get back VAT paid, which is usually possible, though apparently not in this case: 'the lot is held outside of the EC and VAT is payable on the buyers commission only (outside of the margin scheme) and is non-refundable' http://www.cooperowen.com/faqs.asp in the context of a business, exports are either exempt or zero-rated, so no VAT is charged and various mechanisms exist to enable firms to reclaim input VAT paid: http://europa.eu.int/comm/taxation_customs/taxation/vat/how_... 'Vorsteuer' just means input VAT -------------------------------------------------- Note added at 2 hrs 15 mins (2005-08-08 14:30:12 GMT) -------------------------------------------------- re businesses: VAT exemption/zero-rating is perhaps not relevant here. If VAT *has* been charged, then the company should be able to claim it back in the ways mentioned |
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s.u. Explanation: have found: claimed, enforced, asserted, demanded, made valid....etc. Here I think that cannot be claimed or demanded, but I am not really sure! |
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