CD Baby will handle new VAT changes for EU artists

Have recent changes to EU tax law got you down? Don’t worry, CD Baby is handling it for you!

Many of our European artists have worried about how a new law in the EU concerning VAT (value-added tax) will affect them.

The short answer (at least in terms of your sales on CD Baby) is: not at all!

We will be collecting and remitting the VAT for the sale of all downloads on cdbaby.com (FLAC, MP3, etc.) on behalf of our artists and label clients in the 28 EU countries.

If you live in the EU, the VAT will be paid by your customer and will not affect what you make on sales of downloads from CD Baby. This will save you from having to worry about reporting and remitting the VAT yourself.

[VAT picture from Shutterstock.]

The post CD Baby will handle new VAT changes for EU artists appeared first on DIY Musician Blog.

Source: Musician Resources