"Consumer Reviews on Companies, Products and Services"

USER REVIEWS (joanne m watson)

Unicredit, Inc. UK
joanne m watson July 16, 2011
I had a loan of 15K stopped by your Board on Tursday, July 14th saying that I needed to pay a VAT Tax for being a non-resident. I find this totally ridiculous and being that I work for the IRS, I am very familiar with VAT and know that it is strictly a Consumption/Sales Tax on goods and services for the manufacture of finished goods. Loans are VAT Exempt. So why is my loan transfer being stopped for a Non-Residency VAT Tax? Such a Tax for Non-Residency does not exist. No where under the Sixth Directive and the revised Directive is there a VAT... read full review »
Filled under: Business & Finances Location: United States

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