Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Uh, no; that's not how VAT works. If you buy a new property then the promotor, builders, carpinters, painters, architects etc can all claim back any VAT paid for services, supplies or materials. If you are buying second-hand, then the previous owner will have paid property tax, not VAT.


Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: