35. Herbstauktion

Auction Billing System

Agency Transactions VAT is added to the surcharge price. The amount of VAT is based on the individual VAT rate of the seller. The VAT rate of the individual seller - commercial or opting farmer = 19% - farmer with tax flat rate = 9% - private breeder or small-scale entrepreneur according to $ 19 UStG = 0% is listed in the pedigree of the horse/foal below or next to the name of the exhibitor. The auction fee and the hereupon applying VAT as well as the insurance fee remain unchanged. The following is an example for the calculation of the total amount invoiced based on a surcharge price of 10.000,00 €: Surcharge price: 10.000,00 € Auction fee Eugen Wahler KG 6 % - commercial seller from the European Union = individual VAT rate of the respective state

hobby breeder / privat seller

farmer with tax

commercial or farmer opting to tax 10.000,00 € 1.900,00 € 11.900,00 € 600,00 € 114,00 € 12.614,00 € 19%

VAT rate

rate flex

0%

9%

of the seller

Knock-down price

10.000,00 €

10.000,00 € 900,00 € 10.900,00 € 600,00 € 114,00 € 11.614,00 €

add. VAT Subtotal 1 Auction fee plus 19% VAT

– €

10.000,00 € 600,00 € 114,00 € 10.714,00 €

Subtotal 2

Insurance (1%)

107,14 € 20,36 €

116,14 € 22,07 €

126,14 € 23,97 €

plus 19% Insurance tax Total amount invoiced

10.841,50 €

11.752,21€

12.764,11 €

Information for foreign buyers: The invoiced VAT of flat rate farmers (9%) cannot be reimbursed because the sellers do not have to divert it to the German fiscal authorities. A reimbursement may be possible in the home country of the buyer. If the necessary documents are handed in, a VAT exemption for the auction fee is possible. If the seller is a commercial seller or an opting farmer, the VAT exemption remains unchanged. The VAT will be reimbursed when the export of the horse/foal is certified. We are happy to answer your questions regarding the billing system. Please feel free to contact us.

79