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2011-09-23, 10:49 AM | #1 |
Trying is the first step towards failure
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VAT and affiliate programs?
I had an affiliate asking me about VAT and what he should do about it.
My initial response was I'm not an accountant, lawyer or anyone of any special interest that knows anything about anything and he would have to discuss with his accountant. I also sent links to a couple of web articles on VAT and affiliate programs. Is there a definitive resource site that I should refer affiliates to on questions of VAT? |
2011-09-23, 12:21 PM | #2 |
The Original Greenguy (Est'd 1996) & AVN HOF Member - I Crop Pics For Thumbs In My Sleep
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I had to look it up - http://en.wikipedia.org/wiki/Value_added_tax - correct?
That definitely sounds like one for the accountant. |
2011-09-23, 02:39 PM | #3 |
I'm going to the backseat of my car with the woman I love, and I won't be back for TEN MINUTES
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VAT varies from country to country. The affiliate could go to their country specific government website to maybe find more information of how VAT reporting works for that particular country.
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2011-09-24, 08:40 AM | #4 |
I've always wondered if there was a god. And now I know there is -- and it's me
Join Date: Mar 2005
Location: Vietnam
Posts: 326
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Depending on your place of business you could even be held responsible for collecting VAT from your customers in other countries.
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2011-09-25, 08:17 AM | #5 |
If there is nobody out there, that's a lot of real estate going to waste!
Join Date: Dec 2003
Posts: 2,177
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VAT & dealing with the government(s) would likely be something that would be collected by the sponsor rather than the affiliate acting as a third party!
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