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Recent Value Added Tax questions

How does Value Added Tax (VAT) work US company that sells

How does Value Added Tax (VAT) work for a US company that sells online subscriptions to people in Canada?

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Jax Tax

Senior Tax Attorney

Master's Degree

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I work political subdivision - not - entity. We have a

I work for an political subdivision - not for profit - entity. We have a Russian customer who is requesting we include a VAT on their billing per their legislature and per the terms of a contract.Any advice on how to handle this?

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592 satisfied customers
I have a US based company with no presence in Mexico.

Hi,I have a US based company with no presence in Mexico. I have an opportunity to provide development services from US to business in Mexico. I read about eBilling in Mexico and I can't tell if I need to do something special being a US based company.Do I need to do anything special to bill this business in Mexico? Can I just send an invoice for the service and can they pay me here?Also, I have a third party that will be participating from Mexico, he will send me his invoice and I will pay him from the US to Mexico. Any tax issues in for the US based company? Do you see any potential issues with this arrangement?Thanks,Larry Ruiz

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Robin D.

Vocational, Technical or Trade School

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20,588 satisfied customers
Dear Tax Professional, Does US has tax treaty with British

Dear Tax Professional,Does US has tax treaty with British Virgin Island? Thank you!

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

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16,732 satisfied customers
I have a business partner that says the US Tax Agency requires

I have a business partner that says the US Tax Agency requires a 5% fee to transfer $150,000.00 from Dubai and $260,000.00 from Hong Kong to US Bank in California, USA. Is this a true statement?Harold

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Jax Tax

Senior Tax Attorney

Master's Degree

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922 satisfied customers
I did some work as an independent contractor from August through

I did some work as an independent contractor from August through early December and I submitted a bunch of invoices to my clients, some of which have been paid to me and some of which have not. For the invoices that haven't been paid, how do I handle this on my taxes? Do I simply ignore it on this year's taxes and then treat it like it was earned in 2012? What if they cut the check in December but I don't cash it until January?Since I realize this is a very simple question, it would also be great to get some detail about why or other "good to know" related info.

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CGCPA

Owner

Bachelor's Degree

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3,352 satisfied customers
Thanks again, With this particular LLC - most of the expenditures

Thanks again,With this particular LLC - most of the expenditures will occur in the first year but not inside the US. From there on there will be revenues for many years, some from the US and many from around the world.So do overseas expenditures count to reduce revenues and create tax losses for future years?And if in this LLC based in Delaware where there is no corporate tax, all profits are distributed as they arise - does that mean that everyone in the partnership is responsible for their own tax liabilities?

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USTaxAdvising

Partner

Bachelor's Degree

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1,660 satisfied customers
I am an exXXXXX XXXXXving in Germany. I just sold my car for 11,200

I am an exXXXXX XXXXXving in Germany. I just sold my car for 11,200 euros. Do I have to pay some sort of tax to the German government?

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CPALand

Controller

Master's Degree

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16 satisfied customers
About to start up an IT business. The business will be incorporated

About to start up an IT business. The business will be incorporated in Delaware, but our physical location will be in Michigan. The question is about VAT / sales tax When we invoice a customer in Michigan - or in other states- who receives our services, which Value Added Tax or Sales Tax do we need to include?

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Lev

Retired

Bachelor's Degree Equivalent

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24,192 satisfied customers
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