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VAT and Lindex

kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
09-29-2007 11:35
Hi, i bought a few L$ just for testing.

There is something i don't understand...

Dear kerunix Flan,
Thank you for using the LindeX Exchange to buy Linden Dollars.
Your account has been charged US$3.76.
You purchased L$1000.

And account history show :
2007-09-29 11:14:11 LindeX Currency Buy $4.06


So.... WTF ? 3.76 ? 4.06 ?
Where... WHAT is my receipt ?

If Lindex charge VAT, that mean, when a EU rent in a EU sim :
- renter buy L$ : pay VAT
- rentor pay land owner. Land owner pay VAT for the SIM
- Land owner sell L$ : pay VAT again.

i hope i'm wrong.
Sally Silvera
live music maniac
Join date: 17 Feb 2007
Posts: 2,325
09-29-2007 11:38
From: kerunix Flan
Hi, i bought a few L$ just for testing.
There is something i don't understand...
Dear kerunix Flan,
Thank you for using the LindeX Exchange to buy Linden Dollars.
Your account has been charged US$3.76.
You purchased L$1000.
And account history show :
2007-09-29 11:14:11 LindeX Currency Buy $4.06
So.... WTF ? 3.76 ? 4.06 ?
Where... WHAT is my receipt ?
If Lindex charge VAT, that mean, when a EU rent in a EU sim :
- renter buy L$ : pay VAT
- rentor pay land owner. Land owner pay VAT for the SIM
- Land owner sell L$ : pay VAT again.
i hope i'm wrong.


You don't pay VAT on L$s, you also don't buy them from LL. What you do pay LL is a fee, which is the difference between the two amounts in your account history.
_____________________
Kitty Barnett
Registered User
Join date: 10 May 2006
Posts: 5,586
09-29-2007 12:20
From: kerunix Flan
Your account has been charged US$3.76.
You purchased L$1000.

And account history show :
2007-09-29 11:14:11 LindeX Currency Buy $4.06
There has always been a 30 cent charge for every L$ buy transaction.

L$1000 / L$266/$US1 = $3.7593 = $3.76 rounded up

$3.76 + $0.30 = $4.06