Pimax update (14.10.2020) - Backer Box Shipment Advisory - Discussion

[Virtualmisterl]

@Heliosurge

There is a post where he mentioned pimax paid early VAT

Sweviver said pimax paid the vat originally but it was not a way to keep a sustainable business ie… they stopped paying vat

Continuing the discussion from What's the deal with taxes?:

@SweViver

And now you may be thinking:

• “but hey we never had to pay VAT during KS and until orders in mid 2019. Why is it included now?”

Yes. The simple answer is:
Pimax had to pay it. Just to make us, including backers, happy and make it fair for EU customers (as the rest of the world dont pay VAT upon importing).

As far as I understand it, Pimax lost in average 23% on each order in EU. And as you may understand, this is not a good way to keep a sustainable business in the long run