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If people pay with money then yes, that will be subject to tax somewhere.
by robertlagrant 1y ago
If people pay with money then yes, that will be subject to tax somewhere.
- 2000UltraDeluxe 1y agoThat depends on jurisdiction, I guess. Here, paying with goods or services doesn't excempt the other party from paying VAT. I fail to see how that can't be applied when paying with intellectual property.
- robertlagrant 1y agoAnything can be applied - why isn't giving a street performer money subject to VAT? So yes, it could be applied.
- DrScientist 1y agoI suspect if buskers earn enough they very well might be eligable for VAT. ( I am not a tax lawyer ).
- robertlagrant 1y agoThat would only be if the income is VAT-taxable, or at least in the UK anyway. I am also not a lawyer but they appear to be defining the fairly nebulous "data value" as being VAT-taxable now. There's no rhyme or reason other than "country got power; country want more money",