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Joined 2 years ago
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Cake day: June 13th, 2023

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  • That’s not how VAT works. As a business you pay VAT as an input tax. You can deduct that from your VAT liability at point of sale. The business is liable to pay VAT on the sale to the end consumer but can (and does) recharge it to the customer. Not a tax expert at all, so I might be off a bit - but I am sure that you don’t pay full VAT on every R&D, production, sale step along the process.







  • Keep in mind that the memes you see are extreme examples. The vast majority of compound words consists of 2 or 3 words. Like Ofenreiniger (oven cleaner) or Werkzeugkoffer (tool box). Werkzeug being a compound word itself, made from “Werk” & “Zeug” meaning craft or work & gadget. These extremely long words tend to describe very specific, often niche items and are just rarely used in common language. Most people would call the thing in the picture more generalised “Feuerwehrauto”. Sufficient to describe it for most people, but not as precise as the long compound. It is basically a question how much details you want or need to communicate.