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Saturday, October 1, 2011

Swedish app developers to pay VAT twice - The Local

Swedish app developers to pay VAT twice - The Local: "As of October 1st, the Swedish developers will in effect have to pay VAT twice - once within Sweden and a second time in the country where the app is purchased, if they sell the apps via an intermediary like Facebook, the Apple Store or other third parties, according to a report from Sveriges Radio (SR).

The VAT burden could end up being as much as 25 percent, making it very hard for Swedish companies to be competitive, according to developers, especially as these rules do not apply to those in other EU countries."

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