Daniel Steps
Prowler
- Joined
- Sep 20, 2006
- Posts
- 1,095
- Avatar Name
- Undisclosed³
selling peds is considered as selling any other service or good. So the company who sell has to pay the VAT of the country of the client using a specific european central service. http://europa.eu/youreurope/business/vat-customs/cross-border/index_en.htm
Send a simple support to MA, ask who pay the VAT for the money i deposit if i am a european citizen (as i said i do not know how it works for other country). Support will answer you : as soon as you deposit we pay the VAT of your country ourselves.
And yes, if we all deposit, withdraw, deposit, withdraw, then MA go banckrupty !
Bankrupcy by design? Clearly that can't be true (how would they have lasted since 2003).
If known to the SE VAT services, they may not know the real activity or they're only looking at the business to business side. Notice: "The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content using the Entropia Universe Virtual Reality Platform." They seem to claim they are a publishing company and they may have fooled the tax man. While the intention might be there, it's mainly still an entertainment/gambling service (at least in the player-MA-relation). Notice that they could actually choose to give us 100% return if they actually went for publishing and (of course the difficult part might be) found enough companies willing to publish in this original way (having a bigger player base, and a better player community might be the basis for that).
Tell me please: did you follow your own advice before posting your opinion: did you ask support about it?
And more to the point still: What's the VAT number of MindArk ? SE........
For the game/entertainment-service, they probably should pay VAT per hour we play, not on the deposit nor on the difference deposited-withdrawn quarterly. For a publishing-service, VAT on the B2B-service. They probably should be paying both. Unless they confessed it's gambling (no VAT).
--
Can someone provide info on the company structure (and/or official identification numbers): is MA the business providing the service to players, or is it planet calypso or ...?
--
Source:
-mindark.com: for the description of the service, though there's more text there that can be interpreted in different ways
-http://www.largestcompanies.com/company/MindArk-PE-AB-publ-222860:
Industry 1: B58 Publishing activities - 58290 Other software publishing
-http://ec.europa.eu/taxation_customs/vies/vatResponse.html:
No, invalid VAT number [i used the business ID number in the above business info]
Member State SE
VAT Number SE 5566404769
Date when request received 2016/05/13 11:50:03
Last edited: