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Value Added Tax: Difference between revisions

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'''Value Added Tax''' ('''VAT''') is a state tax system common in Europe in both EU member states and others. It applies to all goods manufactured and all goods imported. Companies who are required to declare VAT reports towards the state are called VAT-payers, others are still subject to VAT but might not be required to fill out VAT reports and are not eligible for VAT refunds.
'''Value Added Tax''' ('''VAT'''), known in some countries as '''Goods and Services Tax''' ('''GST''') is an incremental state tax system applied in Europe, Australia, Japan, Canada as well as many other countries, but '''not in the USA'''.


'''xVinylx''' is represented by a VAT-payer company ''Damage Done s.r.o.'' and our VAT number is:
VAT is invoiced depending on where the goods are delivered.
{|
 
|CZ28893425
== Delivery to USA ==
|}
 
No VAT applies, your goods are imported into USA through our US office, XVINYLX INC.


If you order manufacturing through us, there are three possible options:
If you're a customer based in USA your delivery is sold to you as a domestic trade, with no fees or custom proceedings on your side.


* Your company is registered in an EU member state, and you are '''not''' a VAT-payer (or you are a '''private customer within EU''')
If you're a customer outside USA, we will NOT charge you VAT, delivery to a recipient in USA is handled by us, with no fees or custom proceedings needed by the recipient.
* Your company is registered in an EU member state, and you are a VAT-payer
* Your company is registered outside EU (or you are a '''private customer outside EU''')


Read the description below to understand what price (inclusive or exclusive VAT) we charge you and why.
== Delivery to EU ==


== Customers from EU, not VAT payers ==
Deliveries to VAT-payer recipient are invoiced without VAT. VAT-payers companies are recognized by their VAT number that must validate on VIES system: [http://ec.europa.eu/taxation_customs/vies/ VAT number validation]


You will pay the price including VAT.
Deliveries to private recipients and small non VAT-payer businesses are invoiced with 21% VAT.


== Customers from EU, VAT payers ==
== Delivery to Australia ==


'''This means you must have a company with a valid VAT number! You can check that here: [http://ec.europa.eu/taxation_customs/vies/ VAT number validation]'''
All deliveries to Australia are invoiced with 10% Australian GST.  


You will pay the price exclusive VAT.
If you're a customer based in Australia, you will be invoiced by our Australian office, XVINYLX Australia Ltd.


You are required to pay it during tax declaration in a state where your company is registered.
== Delivery to Canada ==


We are required by law to check if your VAT identification number is valid.
Direct deliveries to Canada will require recipient to pay Canadian GST.


== Customers outside EU ==
Deliveries to Canada via USA are available on request.


You will pay the price exclusive VAT.
== Delivery to other countries outside USA, EU, Australia, Canada ==


You will have to pay your state-tax or VAT during import '''before the goods is delivered to you.''' Import duties might also be charged (this will depend on your country's import laws).
Local VAT and state taxes might apply, recipient will be required to pay any import fees and/or customs and comply with customs proceedings during import.


Customs office are allowed to open&inspect the shipment and deal with it according to the recipient's state laws.
== XVINYLX EU VAT IDENTIFICATION ==


Note: Norway, Switzerland, Ukraine and Russia have their own VAT. Some US states have import state-tax.
'''XVINYLX EU''' is represented by a VAT-payer company ''Damage Done s.r.o.'' and our VAT number is:
{|
|CZ28893425
|}


== See also ==
== See also ==

Revision as of 19:31, 11 February 2020

Value Added Tax (VAT), known in some countries as Goods and Services Tax (GST) is an incremental state tax system applied in Europe, Australia, Japan, Canada as well as many other countries, but not in the USA.

VAT is invoiced depending on where the goods are delivered.

Delivery to USA

No VAT applies, your goods are imported into USA through our US office, XVINYLX INC.

If you're a customer based in USA your delivery is sold to you as a domestic trade, with no fees or custom proceedings on your side.

If you're a customer outside USA, we will NOT charge you VAT, delivery to a recipient in USA is handled by us, with no fees or custom proceedings needed by the recipient.

Delivery to EU

Deliveries to VAT-payer recipient are invoiced without VAT. VAT-payers companies are recognized by their VAT number that must validate on VIES system: VAT number validation

Deliveries to private recipients and small non VAT-payer businesses are invoiced with 21% VAT.

Delivery to Australia

All deliveries to Australia are invoiced with 10% Australian GST.

If you're a customer based in Australia, you will be invoiced by our Australian office, XVINYLX Australia Ltd.

Delivery to Canada

Direct deliveries to Canada will require recipient to pay Canadian GST.

Deliveries to Canada via USA are available on request.

Delivery to other countries outside USA, EU, Australia, Canada

Local VAT and state taxes might apply, recipient will be required to pay any import fees and/or customs and comply with customs proceedings during import.

XVINYLX EU VAT IDENTIFICATION

XVINYLX EU is represented by a VAT-payer company Damage Done s.r.o. and our VAT number is:

CZ28893425

See also

Wikipedia article with in-depth explanation of how value added tax system works: