Steatlh account and paying taxes in italy

[Superboy23]

Hi guys,
I opened the Vat number in Italy (im italian), because in Italy if you surpass 8k you need to open it. (you need to open here anyways as i can see..)
My cornern is, i have multiple steatlh account, so i can't add my VAT number because the informations dont match

The stealth accounts have my EU Iban so all the SEPA are on my account, but when i need to send the invoices for paying taxes heres come the problem

Someone that lives and pay taxes in Europe have fixed this problem?

Thank you

[Hank]

I doubt anyone has 'fixed' it, welcome to the new norm.

The age of stealth as we know it is dead, legislation in the EU is going to make it a dangerous business if you try an lie about taxation issues give that all sales are now reported to the respective tax authorities.

It's coming to the UK too, some of use are looking for ways to legitimise our European stealth accounts, I just don't see a meaningful long term option particularly as I'm too old in the tooth now to start attracting unwanted attention from, in the case of the UK, HMRC.

[Superboy23]

Yes thats true but there are a lot of online business that are not very "legdtime" like a friend of mine have the VAT but he sell ⊗⊗⊗⊗ instagram account, some people sell keys with unkown sources, so i think until your SEPA comes inside your eu bank account and you tax it, the government takes his part of your money... its fine

Its almost impossibile to have 100% legitimate sources onestly in almost all online business, like if you have a paypal stealth account, or multiple because gaypal ban or limit every your account its the same thing i guess

But yeah, that's still risky

[SaiJin]

Ilcarletto , you think you can help a fellow Italian?

[ilcarletto]

no sorry, I run a small business not necessary to have a Vat number for me

I stay below the required threshold

[Superboy23]

Originally Posted by ilcarletto

no sorry, I run a small business not necessary to have a Vat number for me

I stay below the required threshold

Thank you for the answer

I thought it was like you said (below 5000 € you dont need the VAT) but in reality i call a financial advsior and you need to open it anyways if you sell continuously like a real shop on the street for instance
Even if you make 5 euro a month you need to open the VAT in Italy if you sale like an ecommerce website (every day 24/7) If you sell some used items sometimes thats not required



So yeah thats annoying. What i will do is pay taxes on my stealth like it was my account, the SEPAs comes in my eu bank like my other accounts on my name.

But yea if some expert italian ebay seller can reply I would be happy about that

[murdered_by_ebay]

yes , there is a way to crack it because EU has a VAT threshold of 10.000 EUR for intra-EU trade , if you sell to italian buyers you would still have 85.000 EUR but from italy to EU it is just 10.000

so the only way out would be to have registration in the country where your main customer base is , that would certainly provide a much higher threshold

your adviser probably wants you to register for VAT because they want to charge you additional funds for preparing VAT returns. every EU country has a VAT threshold , if you stay below the threshold registration is voluntary unless you do international trading where different rules apply

[Superboy23]

Originally Posted by murdered_by_ebay

yes , there is a way to crack it because EU has a VAT threshold of 10.000 EUR for intra-EU trade , if you sell to italian buyers you would still have 85.000 EUR but from italy to EU it is just 10.000

so the only way out would be to have registration in the country where your main customer base is , that would certainly provide a much higher threshold

your adviser probably wants you to register for VAT because they want to charge you additional funds for preparing VAT returns. every EU country has a VAT threshold , if you stay below the threshold registration is voluntary unless you do international trading where different rules apply

Thank you for the help

So my main problem is not the threshold im not near 85k, the problem is that i have some stealth account not on my name, not on my friendsfamily names and im cornerning about:
The ibans on those account are mine, i receive the SEPAs, but the id of the account is not me, so i'm trying to solve this problem

Some guys are helping me and they said that I need to open a company on my ebay.fr/ebay.de stealths on my name because the tax agency see the name of the company not the billing information on the account

But how? Somebody knows how to create those company? I'm opening the VAT in Italy for my main accounts that are on my name, but for the other ones i have no idea how to manage the situation