Yes, but I think it will be simpler to allow authors to add dots or commas.
Also could anybody move this topic to the Site Feedback – http://themeforest.net/forums/topic/site-feedback/30
I can’t use full name of the “Bank Account Holder’s Name” in the withdrawal form because you don’t allow dots or even commas – there is many companies which have , Ltd or , LLC extension. Please fix it.
Hi @Diabolique, as an Australian company we comply with the Australian Tax Laws. As this question does not relate to the membership terms update, please contact us via support if you have any other questions relating to tax.
It’s related to the membership terms because “Membership Terms and Conditions” are checked by my Tax Office when I am audited. If you are saying in the MToC that I’m a seller here and I should collect VAT (about 25% in my country) then I want to send a VAT invoice for each buyer/company who will buy my theme so they will get VAT return in own country and save 25%.
Also if I will buy something on your website from an author, let’s say from Ireland, then I want to receive VAT invoice too.
Anyway your agreement between members is not clear for Tax Offices. You should add a clear information to the “Membership Terms and Conditions” who is collecting value added tax from clients here.
Other authors have the same problems – http://themeforest.net/forums/thread/eu-tax-specialist-says-i-need-to-pay-vat/85095
No Carmen it didn’t help. Short question: Does Envato collect GST (Goods and Services Tax)? For example when an author sells a theme worth $50 then does Envato pay 10% GST (about $5 per each sale).
There should be clear information about who is paying Value-Added Tax here – Envato or authors.
This is what buyer received from this scummer:
We hope you are doing good. Further let me introduce my self, i am bug fixing associate from Diabolique. Recenty we received your support request with regards to latest topics on frontpage, which appeared nothing. Further we did received a lot of queries from all our customers who purchased our theme from various platforms, and so we were late in replying back to you. We regret for the inconvenience caused to you. Further we have rectified the bug, with the help of buddypress professionals. As a measure we are not allowed to upload the latest updates instantaneously on themeforest.net  as we have lot of queries which has arrived to our reputation level. We need to make some necessary changes in the css, and action files which gets the feed from the latest topics, so we request you to please mail us the original downloaded files of theme which you unpacked from the zip format. as we need to check and update the same codes for better functioning. As the solution provided by Principal Author is not tested. As a result the theme is not stable, please mail us the required version we have asked for, which you downloaded from themeforest.net Please note : the changes will be done as per the validated codes, we will revert me back to you within 24 hours. If in case you any queries or concerns do revert me back i will be happy to assist you. Regards, Steve Jefferson Bug Fixing Associate - Diabolique.
Then price of theme for companies should be $45.40, not $50.
i think there’s an EU law that says that all non-EU companies that provide digital goods to EU customers should charge VAT depending on the country where the customer is located. Then envato would have to pay the vat to that country.
As I know digital good is a service and if company is registered in Australia then service is executed in Australia, so buyer pays their value added tax.