Value-added Tax (VAT)

Value-added Tax (VAT)

When a customer purchases your product, VOYD are required to pay VAT to the country of residence of that customer. The VAT varies between countries and even between different states as in the U.S. In EU the VAT is usually 17-25%. Therefore this sum is deducted from your earnings and paid monthly by VOYD to each country according to the MOSS directive by the EU.
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