Vat

General Discussion Started Last reply 5 posts
We pay VAT in the UK but you don't mention VAT (unless I completely missed it?) during NC Coin purchases, however, we do pay it. It amounts to +20% of the advertised price of coin purchases.

For example if you buy 4k NC Coin advertised at $50 (USD) you would expect to pay ~£31.62 (GBP) after currency conversion, however, you will actually be charged ~£37.94 with the difference being £6.32 in VAT.

You need to advertise your prices differently as at present it is tantamount to disingenuous trading. For example, you could say 4k NC Coin = $50 ($60 inc VAT where applicable).

I expected the VAT but others may not and having thought about it, you should be more transparent with your pricing in this respect (in my opinion).
+1 on this.
The prices displayed ex Vat are a tad misleading.
Not all countries have vat on "electronic" purchases
Norway just got it and its volounterly.., for now..


"*Player is responsible for all applicable internet fees."
It is not an internet fee, it is a tax added by the government.
Unfortunately for you, we in the U.S. do not list taxes on most purchase prices. You'll usually only see an * at the bottom with "other taxes and fees may apply". This is because, 1, it isn't required here (I believe it is in Europe?) and 2, our taxes, especially sales tax, vary by state and even city. Also, most online businesses are not required to include sales tax in internet purchases. We are supposed to pay "use taxes" on these purchases, but no one really does.

tl;dr version, VAT is simple but not used here. And our tax system is 923ed.