Brands like ThredUp, H&M, and Vestiaire Collective are pushing to end the resale tax, Teen Vogue exclusively reports.
  • labsin@sh.itjust.worksEnglish
    2·
    4 months ago

    In Europe it’s not. If an article is sold by a private person to a company, no vat is added and if the company resells it, vat has to be calculated on the profits only and not the full sum.

    This is especially true for second hand cars.