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Exchange rate gains USD-Euro

Hello, First of all, I would like to explain my situation. I am a software developer, self-employed with a business registration and no employees. I am no longer considered a small business and I still prepare my profit determination using the simpl...

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Small business rule determination of turnover

I have a question regarding the small business regulation. I intend to carry out the following activities: Purchase of Paysafecards (with real money & virtual currency) with which I acquire Amazon vouchers Sale of Paysafecards for virtual currency ...

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VAT on prepaid credit

Dear Sir or Madam, For the past 3 months, I have been selling telephone prepaid credit and SIM cards from abroad. I purchase these in the local currency and sell them with a markup for shipping and service to customers in Europe who are traveling to...

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Tax treatment of a foreign currency account

As a service provider (sole trader, notary, etc.), I receive fees from my clients (seminar leaders) into a separate bank account (under my name) and after settling the seminars, I pass this on to the clients and transfer my fee to myself in parallel....

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Taxation of foreign currency deposits

Dear Sir or Madam, I have a question regarding the taxation of foreign currency balances. Case example: On 01.04.2010, a USD account is opened with an initial balance of 0 USD. On 05.04.2010, a USD stock package is purchased. The purchase price is ...

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Reverse Charge procedure

A domestic entrepreneur hires a Ukrainian or Russian entrepreneur to program for the company. How should these invoices look? Can they be written in English and must the currency be stated in EURO? Is proof required that the foreign entrepreneur is r...

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