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So for Americans it is lower or different?I think that is the European VAT tax.
I guess 20% is for people located in the EU, strange that they missed that off.I don't recall paying anything like that with my traffic sources, but it is all reliant on your business location. I am a U.S. based company and seldom pay any form of tax like that. There are some exceptions.
Traffic Stars says:
- 19% VAT rate is applied to both Cypriot individuals and Cypriot companies registered as well as not registered for VAT
- 0% VAT is applied to individuals and companies located outside the EU