Do US sponsors pay VAT charges? - GoFuckYourself.com

web4x · 10-20-2003, 02:50 PM

Do they have to pay VAT charges when they pay commissions to European webmasters?

V a i o · 10-20-2003, 06:43 PM

No. They don't.

Hooper · 10-20-2003, 06:51 PM

we stopped paying taxes to the crown more than 200 years ago.

Webby · 10-20-2003, 07:07 PM

web4x:

VAT is a UK or EU sales tax. If the sale is not completed within the UK/EU, there are not VAT charges due.

Else we would all be paying stuff like the local sales tax in Texas

Webby · 10-20-2003, 07:10 PM

web4x:

Now that you mention this. The idea of VAT was that it replaces income taxes.

It was introduced in the early 70's and folks have been paying this for 30 years. Anyone said when they are going to abolish income taxes yet????

Broda · 10-20-2003, 07:10 PM

Quote:

Originally posted by Webby
web4x:

VAT is a UK or EU sales tax. If the sale is not completed within the UK/EU, there are not VAT charges due.

Else we would all be paying stuff like the local sales tax in Texas

Wrong! US companies have to charge EU VAT for e-sales made to within Europe. Actually doing it is something else...

But, on comissions, there's no VAT to be paid since it's work derived, not sales derived. Sort of like a paycheck. There's a difference between the two

Stud Money · 10-20-2003, 07:19 PM

Quote:

Originally posted by Broda
Wrong! US companies have to charge EU VAT for e-sales made to within Europe.

Correct and until the payment processors actually do something about this then non of the adult affiliate programs will do.

Keep an eye out for a ban on ecommerce porn transactions across Europe within the next 2-3 years unless something changes so far as US based companies paying their required VAT.

10-20-2003, 02:50 PM	#1
web4x Will everyone please review my newest site? Join Date: May 2002 Posts: 841	Do US sponsors pay VAT charges? Do they have to pay VAT charges when they pay commissions to European webmasters? __________________

10-20-2003, 06:43 PM	#2
V a i o Registered User Join Date: Oct 2001 Location: SF Posts: 73	No. They don't. __________________ Work hard, party harder!

10-20-2003, 06:51 PM	#3
Hooper Confirmed User Join Date: Jul 2001 Location: A Free America Posts: 2,210	we stopped paying taxes to the crown more than 200 years ago. __________________ <a href="http://www.adultplatinum.com/"><img src="http://www.adult.com/wmbanners/10dcash-468x60.gif"></a>

10-20-2003, 07:07 PM	#4
Webby Too lazy to set a custom title Join Date: Oct 2002 Location: Far far away - as possible Posts: 14,956	web4x: VAT is a UK or EU sales tax. If the sale is not completed within the UK/EU, there are not VAT charges due. Else we would all be paying stuff like the local sales tax in Texas

10-20-2003, 07:10 PM	#5
Webby Too lazy to set a custom title Join Date: Oct 2002 Location: Far far away - as possible Posts: 14,956	web4x: Now that you mention this. The idea of VAT was that it replaces income taxes. It was introduced in the early 70's and folks have been paying this for 30 years. Anyone said when they are going to abolish income taxes yet????