New European V.A.T Law

[el pres]

Originally posted by Serge_Oprano@Jun 6 2003, 11:02 AM
better be safe than sorry,
Effective Immideatelly,
all EU Oprano sponsors are required to pay EU VAT tax, 30%

I would like assure everybody we'll pass it along to EU
;-))))

As a business they can claim it all back anyway.
It's only the end consumer that pays sales tax in the EU.



With paysite memberships, the EU is not taxing you,
it's taxing the consumer who lives in the EU.

You charge the standard membership fee plus EU sales tax, you then pay the sales tax to the EU, net result for you is the same.





Last edited by el pres at Jun 6 2003, 11:33 AM