Jacques, Thanks for the info. The wikipedia reference says that the price MAY be inclusive of VAT. At who's discretion is it inclusive? Does the seller choose whether the agreed upon price is inclusive or does the government decide?
--- Jacques Le Roux <[EMAIL PROTECTED]> wrote: > Hi Si, > > Thanks for you interest in this > > > Can you post all of this on that JIRA issue you > created for VAT? > > I'll try to help out when I have a chance. > > OK, done : > http://issues.apache.org/jira/browse/OFBIZ-366 > > > Also same regarding the invoice header thing--I'll > take a look at it > > later. Can you confirm that Eriks is right--is a > tax authority Id in > > the bill-to geo really required in EU? (Funny, > it's the exact > > opposite of the US...) > > Yes Eriks correctly explained the EU rules. The > Value Added Tax (VAT) ID number applies only if you > are placing a business order for > a business in the European Union that has a current > VAT ID. For all other orders, you should leave this > field blank. So this is a > B2B only rule. Eriks also added the VAT ID of the > seller. This is right too, both fields are mandatory > for B2B in EU. In this case > no VAT is charged (VAT Exemption). > > Here is an interesting link explaining simply (good > examples) how that works : > http://www.apptranslator.com/blog/2006/03/should-you-charge-vat-to-whom.html > > And last but not least a VAT : Definition, history, > and more (VAT was invented by a french, sorry for > that ;o) : > http://en.wikipedia.org/wiki/Value-added_tax > > I put all this also in the Jira VAT issue (366) > > Jacques > >
