The monetization of data on the internet is subject to the same obligations as any other commercial activity.
VAT is invoiced, or not invoiced, depending on the location of the data acquirer’s establishment.
How is the total amount to be paid to the data provider calculated?
- If located in a different country than the data provider, the data acquirer pays the amount of the offering without taxes.
- If located in the same country as the data provider, the data acquirer pays the pre-tax amount of the offering plus the applicable VAT rate in the country.
How do I add your organization's VAT number?
You may add your organization's VAT number in your organization's profile. See more: What invoicing and tax information should be provided?