Quote:
Originally Posted by faxxaff
In this case you would not bill the members from your EU based company, but from the US. That means, you would need to have the US company have a contract with CCBill US of course. US companies are not paying any VAT on memberships.
The US company would receive invoices for usage of the content that was produced by the EU company ... this could be fixed price or percentage based ...
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Wrong, US companies is required to register to pay VAT in europe once they reach a total revenue of something in the range between ?6-?10K in total, not per year.
VAT is a consumer tax not a business tax, if you sell something to a EU consumer you are required by law to collect the VAT to pay to the government.
To my knowledge it is at the moment not really enforced for foreign companies, at least not in adult, it is just a matter of time though.