Any dutchies here that can tell me how taxes work on pond5?!

Hi all,

Are there any dutch people here that can tell me how they process any taxes/vat/btw here on Pond 5.
Audiojungle does it for you, but apparently pond5 doens't?

Thanks in advance!
Hans

Be aware that Pond5 will send you the money from Ireland, not US. I recommend you to find an accountant with experience in taxing stock, especially since you're within EU. For me (Czech Republic) it's much easier to tax income from US, I assume it's the same all over EU.

Thanks Rasomaso, I noticed that already, although that was quite unclear too on the forums. how does it work for you then? this seems quite a hassle for a 35% cut for audio, I'm asking myself if it's worth it.

Not sure myself, I will consult an accountant at the beginning of next year, but it involves filling out 2 reports each month you receive income and submitting them to your financial department (you know the government office). So basically I'm willing to do this once a year as long as it's worth it for me. I can just let the money sit here all year and send it when it's time to do taxes, otherwise I would probably not bother with it.

It's unclear to me if I have to pay vat in ireland because pond5 is not doing this apparently? which is really weird? Or that I just pay vat in the netherlands. So just deduct 21 percent of my the money i get from pond5. If it's the last one then it should not be a problem. Cheers