Re: [SL] Handling prepayments

[Dr E. L. <el...@li...>]

Peter,

we have to pay VAT here at invoicing too.

But you should ask your tax adviser about the pre-payment tax. I
sincerely doubt that you have to pay VAT for services not rendered (yet).

el

on 2/14/07 11:35 AM Peeter Pärtel said the following:
> To Eberhard,
>
> at least in Estonia we have to pay VAT when Invoice is given out or
> money becomes to our account as prepayment whichever is first. So the
> tax must be paid even if we haven't earned the money yet. At least
> that's the way I have understood it :-/
>
> All the Best and Happy Valetines Day,
>
> Peeter Pärtel
> Estonia
>
>