EU VAT

EU VAT-Regel on Commission Tax

1. Aabody products except Coaching an Boosting services
EU VAT will be charged on the Seller's commission whan the Buyer is frae an EU kintra. G2G will collect VAT accordin tae the rate applicable in the Buyer's kintra.

Scenario: Presumin the buyer is frae an EU kintra

	Single Tax Scenario: UK Seller & Austria Buyer	Double Tax Scenario: Singapore Seller & Austria Buyer *Double tax applies whan the seller is frae SG/ID/AU
Selling Price	GBP 100.00	SGD 100.00
- Seller Commission @ 4.99%	GBP 4.99	SGD 4.99
- GST	NA	SGD 0.40 (SGD 4.99 x Singapore GST @ 8%)
- Austria VAT @ 20%	GBP 1.00 (GBP 4.99 x Austria VAT @ 20%)	SGD 1.00 (SGD 4.99 x Austria VAT @ 20%)
Net Earning Payable to Seller	GBP 94.01	SGD 93.61

2. Coaching and Boosting services
EU VAT will be charged on the Seller's commission whan the Seller is frae an EU kintra. G2G will collect VAT accordin tae the EU Seller's kintra rate.

Scenario: Presumin the Seller is frae an EU kintra

Note: EU VAT will vary and change accordin tae the respective EU kintra VAT rate.

	Single Tax Scenario: Portugal Seller & Singapore Buyer
Selling Price	EUR 100.00
- Seller Commission @ 4.99%	EUR 4.99
- Portugal VAT @ 23%	EUR 1.15(EUR 4.99 x Portugal VAT @ 23%)
Net Earning Payable to Seller	EUR 93.86

The applicable VAT for the respective kintras is as follae:

Kintra	VAT Rate	Kintra	VAT Rate
Austria	20	Italy	22
Belgium	21	Latvia	21
Bulgaria	20	Lithuania	21
Croatia	25	Luxembourg	17
Cyprus	19	Malta	18
Czech Republic	21	Netherlands	21
Denmark	25	Poland	23
Estonia	24	Portugal	23
Finland	25.5	Romania	21
France	20	Slovakia	23
Germany	19	Slovenia	22
Greece	24	Spain	21
Hungary	27	Sweden	25
Ireland	23

Source: https://taxfoundation.org/data/all/eu/value-added-tax-vat-rates-europe/