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by HatchedLake721 1831 days ago
Do you sell to US only or globally? Each country has its own tax rules.

E.g. if you sell to EU customers, you need to apply a correct VAT % of their country on top. If you reach a certain threshold you then need to file VAT returns.

1 comments

I do account for that, but honestly I don't make the international sales to worry about it. UK is the one exception for that. The rules are being a bit more simplified starting July 1 of this year. VAT is a disaster for all businesses. This is a case of going after the big guys and screwing the little guys in the process. Luckily, 70% of my revenue is in the USA and on top of that my company is based in business friendly Virginia.