How is VAT calculated in Linktopay?
VAT calculation in Linktopay follows the EU VAT rules. Here's a brief overview:
- By default, VAT is calculated based on the VAT rate of your country.
- If you sell to entrepreneurs internationally, the VAT may be reversed.
- You have the option to sell in accordance with the MOSS (Mini One Stop Shop) rules.
- Additionally, you can override the default VAT percentage with your own specified rate if needed.
Please note that VAT regulations can be complex and vary depending on your specific circumstances. It's advisable to consult with a tax professional or review the applicable VAT guidelines to ensure compliance with the regulations in your jurisdiction.