barefooted
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I have just received email from Name.com:
"If you are a resident of any European Union member state, you are required to pay Value Added Tax (âVATâ) in accordance with European Union tax legislation. As such, on Sep. 1, 2015, Name.com will begin charging VAT to customers in the European Union. Because only business-to-consumer sales are taxable, businesses can get an exemption from VAT by submitting a valid and current VAT identification number to Name.com.
It is recommended that you submit your VAT identification number, if any, as soon as possible. Failure to submit a VAT identification number will result in an approximate 20% increase in all charges, including recurring billing charges."
As far as I understood they will charge me 20% of domains already purchased if I have no VAT. Am I right?
"If you are a resident of any European Union member state, you are required to pay Value Added Tax (âVATâ) in accordance with European Union tax legislation. As such, on Sep. 1, 2015, Name.com will begin charging VAT to customers in the European Union. Because only business-to-consumer sales are taxable, businesses can get an exemption from VAT by submitting a valid and current VAT identification number to Name.com.
It is recommended that you submit your VAT identification number, if any, as soon as possible. Failure to submit a VAT identification number will result in an approximate 20% increase in all charges, including recurring billing charges."
As far as I understood they will charge me 20% of domains already purchased if I have no VAT. Am I right?