2 ms·
What do I pay for? As a non-profit organization, we don’t make profit on our operations. All the payments we receive go directly to deleting emission allowance
by a_imho 9y ago
What do I pay for?
As a non-profit organization, we don’t make profit on our operations. All the payments we receive go directly to deleting emission allowances. The price we charge you for deleting one emission allowance consists of 3 parts:
1. The price of the emission allowance. We buy emission allowances upfront and uses the price that was paid for it. Therefore, the price of an emission allowance might be different than the spot price at the time that you buy it.
2. A transaction fee of 15%. We use the transaction fee to cover operational costs (such as web hosting and payment systems).
3. VAT of 21%, imposed by the Belgian government.
- marvin 9y agoThe VAT is the big problem here; initiatives such as this one should not pay taxes as long as they are non-profit.