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VAT calculation

  • 15-09-2023 11:24pm
    #1
    wibago
    Registered Users, Registered Users 2 Posts: 72 ✭✭


    Hello! 


    How is the VAT calculated? By that I mean - I am not US citizien, I am from Europe.


    I am not willing to be invoiced on my company - I simply do not have to. Law in my country allows me not to be. So I am getting paid as a private person. 

     

    I was sure VAT is not going to be paid at all (nor in my country nor in USA). But it turns out, it is going to be paid in USA.

    By that I mean - I was sure I would get 80 x 0,8 = 64$. However it is ~61$. 


    Correct me if I am wrong. However if VAT is paid in USA, what is the VAT rate?



Comments

  • #2
    Risteard81
    Registered Users, Registered Users 2 Posts: 2,567 ✭✭✭Risteard81


    VAT doesn't exist in the US.

    More details about what you are doing where would be more helpful.



  • #3
    raswer34
    Registered Users, Registered Users 2 Posts: 5 ✭raswer34


    VAT isn’t typically charged in the U.S., but certain digital platforms may withhold tax, potentially impacting your payout. Check for service fees or regional VAT charges try VAT Calculator specific to cross-border transactions.

    Post edited by raswer34 on


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