Quote:
Originally Posted by white_bear
In buying a bike in EU/Germany-
What is "VAT not reclaimable"?
What is "VAT reclaimable"?
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VAT = a European-wide tax (Value Added Tax) that, ultimately, is paid to the Government of the country in which business is conducted (it applies very widely to all forms of commerce including buying new goods, such as motorcycles; in the UK it does not generally apply to the sale of second-owned goods, but that is not a universal situation - it can apply in some "business" circumstances).
When goods are exported outside of any individual country of the EU then VAT can be reclaimed, but it is then due to be paid at the rates that apply in the country to which the goods are exported (assuming the exportation is within the EU).
If exported completely out of the EU, with supporting paperwork, then VAT can be reclaimed.
That's how I understand VAT.
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Dave
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