Hi,I recently launched a paid app and I’m now trying to get a clear picture of the VAT flow. Is my understanding correct that Monday handles the full VAT flow from collecting during purchase, to forwarding to tax authorities? The invoice developers issue to monday to collect payouts will not include VAT as monday takes care of that? for context - I’m in the EU.Thanks in advance for your help!

App Monetization: How is VAT managed?

Hi,

I recently launched a paid app and I’m now trying to get a clear picture of the VAT flow.

Is my understanding correct that Monday handles the full VAT flow from collecting during purchase, to forwarding to tax authorities?
The invoice developers issue to monday to collect payouts will not include VAT as monday takes care of that? for context - I’m in the EU.

Thanks in advance for your help!

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