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For questions that relate to the laws, practices, and products of the European Union.

2 votes
Accepted

In what order are taxes stacked for an LLC

I can't give you a precise ordering, but let me explain some misconceptions. VAT is not revenue to the company. So if customers spend E100,000 on company products, E80,000 being for the products and E …
DJClayworth's user avatar
  • 34.2k
1 vote

How to pay a large invoice from a company in a European country from the US

Definitely not the only way. Most banks will write you an international bank draft (like a cashier check but in in any currency), payable to anybody. They might mail it direct to the company, or mail …
DJClayworth's user avatar
  • 34.2k
5 votes
Accepted

Hyperinflation effects on mortgages

Hyperinflation is almost always disastrous for the country that experiences it. Any country that expects it devotes any available effort to avoiding it, rather than mitigating its effects. High inflat …
DJClayworth's user avatar
  • 34.2k
5 votes
Accepted

Do I need to exchange my EU income (Euros) to GBP to get taxed in the UK?

At some point you will be required to pay some taxes to HMRC. That bill will have to be paid in UK pounds. That is the only exchange to pounds you will need (apart of course from anything you need to …
DJClayworth's user avatar
  • 34.2k