VAT FAQ: Do you have to pay Value Added Tax at Sedo?

VAT stands for Value Added Tax, and it is a consumption tax levied on the value added to goods and services at each stage of production or distribution. VAT is commonly used in Europe and other countries around the world as a way to generate revenue for the government. Domain selling platforms such as […]

Copyright © 2024 · All Rights Reserved. Why are European domain buyers getting hit with 21% VAT

Domain names being sold on carry a 21% VAT (Value Added Tax) the European equivalent of the US sales tax. The collection of VAT is to be expected in all European countries that are members of the Eurozone: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, […]

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