German speakers, please, translate this sentence... - Page 1
Forum section: electronics / general

author: ElektroQuark
author_rank: Unknown
timestamp: September 29, 2014, 08:26:46 am
content: "Der Verkauf erfolgt nach §25a UStG"Google Translate say funny things.Thanks in advance.

author: Shock
author_rank: Super Contributor
timestamp: September 29, 2014, 08:32:51 am
content: "The sale is successful at 25" ?UStG Umsatzsteuergesetz "sales tax"Umsätze "sales"Steuer "tax"

author: tautech
author_rank: Super Contributor
timestamp: September 29, 2014, 08:35:40 am
content: Bing translate= The sale is carried out according to § 25a UStGhttp://www.babelfish.com/= The sale is carried out according to § 25a UStGMaybe it's not German?

author: ElektroQuark
author_rank: Unknown
timestamp: September 29, 2014, 08:40:44 am
content: It's German.I think it wants to say that taxes (25%) are included in the final price.It's from an eBay auction.

author: wiss
author_rank: Frequent Contributor
timestamp: September 29, 2014, 08:43:01 am
content: UStG = Umsatzsteuergesetz = Sales Tax Act (I think...)

author: hscade
author_rank: Contributor
timestamp: September 29, 2014, 08:43:33 am
content: It is just about the German VAT

author: Wh1sper
author_rank: Regular Contributor
timestamp: September 29, 2014, 08:48:11 am
content: I'm not a lawer.I think this offer says, it's for Companies only, because they will not differ the pay ill between costs and VAT.But I'm unsure VAT is very complicated in the sense of private and commercial useage

author: Marco
author_rank: Super Contributor
timestamp: September 29, 2014, 08:49:27 am
content: Bit of googling says that it means the VAT won't be indicated (thus you can't reclaim it either even if you are otherwise VAT exempt).

author: madires
author_rank: Super Contributor
timestamp: September 29, 2014, 10:01:35 am
content: Quote from: Marco on September 29, 2014, 08:49:27 amExactly! The invoice also requires the EU VAT-IDs of both companies (seller and buyer). The seller has to verify that the buyer's VAT-ID is valid and he has to follow some rules about the delivery. Otherwise he would have to pay the VAT in case of an inspection by the tax office. German tax laws are a nightmare

author: PA0PBZ
author_rank: Super Contributor
timestamp: September 29, 2014, 11:57:28 am
content: It's about the German VAT law, paragraph 25:http://www.gesetze-im-internet.de/ustg_1980/__25a.htmlNo luck in finding an English version...

author: ElektroQuark
author_rank: Unknown
timestamp: September 29, 2014, 01:06:52 pm
content: Thank you all.

author: AndreasF
author_rank: Frequent Contributor
timestamp: September 29, 2014, 08:58:49 pm
content: Maybe a bit more background (based on my reading of the German Wikipedia article):As the others have said, this is to do with how VAT is calculated for the seller. Specifically it is applied to goods that the seller itself bought without VAT being 'declared' (e.g. when he bought the item from a private individual). In that case, the seller is only VAT liable for the difference between the price he paid for the item when he bought it and the price he is going to sell it for (that's why the rule is also called the 'difference rule'). The article gives the example of a used car salesperson. This reduces the VAT liability to the seller thereby effectively increasing his margin (the amount of money he's made from the sale). The downside for the buyer is that he can't reclaim this VAT amount. However, if you (as buyer) don't fall into this category anyway (i.e. buy as a private individual) this is the cheaper option for you as well. If you buy as someone who can and wants to reclaim VAT, you would be better off using a different rule (paragraph 12).There's more to it, but that's the gist (I think).