Some very kind US customers offered to pay us the VAT
... this is very honest of them, but in fact they owe AGEOD nothing regarding the VAT (Value Added Tax, a nice French invention 
)
The VAT is kind of a Sales Tax, although working differently, and in vigor in all European countries member of the EU. That stuff is a bit complex (even for us) but I'll try to explain:
* When a EU-based company sells a product to a EU-based customer (private or company), it must include (and pay) VAT in its prices.
* When a EU-based company sells to a customer who is NOT living in a EU country (not taking any account of the customer's nationality, e.g. it would apply to a French guy living in Canada), then NO VAT is applicable...
So if you are not living in the EU, AGEOD does not have to charge you VAT (and our non-euro US$ prices are net, they do not include it)....
NB: make matters worse and more complicate for us poor EU companies, the fact that prices are in different currencies is irrelevant to the VAT matters...
Hope it is clear
Thanks again to ALL of you for your support and honesty....
Philippe Thibaut
AGEOD CEO
