Help with Tax/VAT settings of share it...

BalrogSoft · Post by **BalrogSoft** » Thu Sep 30, 2004 9:16 am

Hi, i was adding a product on shareit and i need some help about tax/vat settings, i live in spain, i want to know if exist a tax if a USA client buy my program, or another country, i know that darkbasic have a tax of 17% to USA clients, i sell my program at 15 EUR, and 2.50 it's for shareit, and discounting the transactions cost to my bank account if exist also a tax from a specific country, maybe i must to add the tax to the client and not to me. I don't know what to do because it is the first time that i use share it, and i want to have all configured before sell my program. Thanks in advance...

Num3 · Post by **Num3** » Thu Sep 30, 2004 9:23 am

AFAIK has i know, when selling software to other countries you cannot charge VAT / TAX.

BalrogSoft · Post by **BalrogSoft** » Thu Sep 30, 2004 9:39 am

Hi Num3, i don't want to charge a tax, but i don't want to sell my program with a benefit of 6 or 7 EUR, if i sell my program at 15 EUR, and 2.50 is for the service of ShareIt, and i must to know if there is more cost or tax that decrease the money that i will receive.

J. Baker · Post by **J. Baker** » Thu Sep 30, 2004 11:35 am

I don't know how it works where you're at but in the US you have to pay taxes on what you made even if it's something you sold on the net. So if I were to sell something, I would hold back 1/3 in savings, then do my taxes at the begining of the year and figure out how much I owe the government for that year.

So I would assume you have to pay taxes where ever you're at, at some point. If you don't, let me know where you live, I'm moving, lol.

GedB · Post by **GedB** » Thu Sep 30, 2004 2:36 pm

I raised the topic over at www.joelonsoftware.com, where a lot of knowledgable people hang out.

They make some interesting comments.

http://discuss.joelonsoftware.com/defau ... cReplies=7

blueznl · Post by **blueznl** » Thu Sep 30, 2004 4:21 pm

things depend on the country, although european laws are supposed to equalize stuff...

i could be wrong, but i think things are like this...

1. if you sell something within europe to another european country, the purchaser pays the tax in the land of purchase, ie. you charge tax to him, and you pay the received tax to the government

2. if someone in the us sells something to someone in europe, these days the european side has to pay the us applied tax (grrr)

note: if you're a company you can either get your tax back afterwards, or you can provide the seller with certain information so you don't have to pay tax, at least that's the plan

note 2: private customer? use an online registration firm and... adjust... your geographical location...

3. if you sell it to someone in the us, you don't charge tax

the above could have changed since last time i checked...