Agent Karyo@lemmy.world to Games@lemmy.worldEnglish · 1 day agoEU tax officials confront the most pressing legal question of our time: If you sell RuneScape gold to someone and they use it to buy a magic sword, do you still have to pay taxes?www.pcgamer.comexternal-linkmessage-square32fedilinkarrow-up1216arrow-down17
arrow-up1209arrow-down1external-linkEU tax officials confront the most pressing legal question of our time: If you sell RuneScape gold to someone and they use it to buy a magic sword, do you still have to pay taxes?www.pcgamer.comAgent Karyo@lemmy.world to Games@lemmy.worldEnglish · 1 day agomessage-square32fedilink
minus-squareSkunkWorkz@lemmy.worldlinkfedilinkEnglisharrow-up6·edit-21 day agoYeah you pay VAT because you are buying a service. But your “gf” has to collect it and pay it to the tax agency.
minus-squareMeldrik@lemmy.wtflinkfedilinkEnglisharrow-up2·1 day agoYou don’t pay VAT on a personal transaction though. But the girlfriend would probably have to pay income tax.
minus-squaredaniskarma@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·1 day agoWe should know if the gf is selling herself as a second hand sale or if it’s a recurring economic activity. If so, she should register in VAT and collect it. (Legality of that economic activity may differ by country)
Yeah you pay VAT because you are buying a service. But your “gf” has to collect it and pay it to the tax agency.
You don’t pay VAT on a personal transaction though. But the girlfriend would probably have to pay income tax.
We should know if the gf is selling herself as a second hand sale or if it’s a recurring economic activity. If so, she should register in VAT and collect it.
(Legality of that economic activity may differ by country)