GoFuckYourself.com - Adult Webmaster Forum - View Single Post

hjnet · 09-23-2003, 12:38 AM

I got visited by a tax auditor yesterday, and he told me that it might be possible that I have to pay VAT (18%) for all my income since it´s commission-based (revshare and per signup sponsors), plus income tax (~32%) that I pay anyway. Since most of my income comes from payed advertising that would mean if I invest e.g. $5000 for advertising and make back about $6300, I´d have to pay $1134 VAT and ~$416 income tax!

I don´t have a problem with income tax, but if I´d have to pay VAT too for every sale I make on a sponsors site, I´d end up with a monthly taxation of nearly 90%.

So I´d like to know how other EU-webmasters handle their taxes, especially VAT??? thx

09-23-2003, 12:38 AM
hjnet Confirmed User Join Date: May 2002 Location: European Union Posts: 3,815	How do european webmasters handle VAT??? I got visited by a tax auditor yesterday, and he told me that it might be possible that I have to pay VAT (18%) for all my income since it´s commission-based (revshare and per signup sponsors), plus income tax (~32%) that I pay anyway. Since most of my income comes from payed advertising that would mean if I invest e.g. $5000 for advertising and make back about $6300, I´d have to pay $1134 VAT and ~$416 income tax! I don´t have a problem with income tax, but if I´d have to pay VAT too for every sale I make on a sponsors site, I´d end up with a monthly taxation of nearly 90%. So I´d like to know how other EU-webmasters handle their taxes, especially VAT??? thx