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Thread: VAT Conundrum!
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Old 10-07-2008, 00:45
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Quote:
Originally Posted by Kent Tiger View Post
I could be wrong about this, but under VAT rules is there any obligation to sell at market value? Why not just make the selling part of the transaction at a huge loss?
Wouldn't that just open up a bigger can of worms of tax implications on selling the acquired vehicle further down the road? (excuse the pun!)
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