Justifying why we did not register for VAT

Hello @coral-board, we received a letter from Fédéral Finances. They want to know why we are not VAT registered. I suggest we respond by saying:

  • We intentionally did not register, as we plan to never sell anything and never issue an invoice.
  • This is because the purpose of the company is not to make money, but to spend it to build a cohousing.
  • We pay VAT on goods and services we purchase, obviously, through the vendors we purchase from.

If you think this is good enough, I will go ahead and reply to the letter. If you think we should consult M. Erneux (the socsim was his idea), then we will do that before replying.

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Hello Alberto,

Yes looks good and I think you’ll do good by copying from the statutes’ exposé préalable sections A-C (which I believe they should already have access to). Here a few more suggestions:
Coral Reef a pour but de créer un habitat groupé en autopromotion.
Coral Reef n’achète pas le terrain et ne réalise pas de vente ou prestation taxable.
Les membres de Coral Reef financent et occupent eux-mêmes les logements.

On that note I just realised that 2.1 in the statutes now mentions that the SoSim will sell property rights to its members, which I doubt it could or should, I left a comment in the pre-final version, I suggest we discuss this briefly during our next meeting @Lee

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This is now done. I followed the suggestion of the letter to state reasons for not registering: a rather limited list that includes art. 44 of the VAT code. You will find a rather laconic letter in the Coral Reef sosim folder on Nextcloud.

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Noted!

Hi Richard,

It doesn’t look like it’s Article 2.1. Can you please have a look at whether you can retrieve this error? TIA!