The one issue I ran into this, is that whenever someone would ask for a proper invoice, I'd need to generate it with the above calculation. I think Quaderno did this for me.
But then if the customer was a business in say Germany (where I'd take the same approach, but 19%), they might then later provide their VAT ID and ask for their paid VAT back. As technically they don't need to pay it.
I'd need to tell them that if they provided their VAT ID, the base price would be $100 again (and so they didn't gain anything). Bit hard to explain to people 😅
The one issue I ran into this, is that whenever someone would ask for a proper invoice, I'd need to generate it with the above calculation. I think Quaderno did this for me.
But then if the customer was a business in say Germany (where I'd take the same approach, but 19%), they might then later provide their VAT ID and ask for their paid VAT back. As technically they don't need to pay it.
I'd need to tell them that if they provided their VAT ID, the base price would be $100 again (and so they didn't gain anything). Bit hard to explain to people 😅