Quote:
Originally Posted by drexl
Yes you are correct!
I think it depends:
I don't want to talk about MC because I don't know them. Let's assume a platform run by a company called Company and let's say you make $100 earnings.
If Company's based in Spain for billing purposes then they owe you $121. You keep your $100 and you pay $21 to your gov.
If Company's based anywhere in the EU except Spain for billing purposes then they owe you $100. Company has to charge themselves $21 (reverse charge) and they can claim it back like you said. You don't collect VAT from them though you have to file a report.
If Company's billing address is outside of the EU (ex: Brazil). It's out of scope for VAT.
What happens between Company and the consumer is not relevant, it is a separate step in the chain, it is their problem.
Again the easy way is to ask for an invoice, everything is in it.  |
absolutely, invoicing is simplest, so far, most of the time, what ever income lands into our bank is taxed & vat billed as itīs all creator content, produced by us.
I found this...
it shows each level of vat payments, and at every level of the sale, the vat man wins
