Tax Policy
Last updated: September 30 2024 at 10:35:45 PM
Introduction
Welcome to Funtime3Freddy3 Records! This tax policy outlines how taxes are applied to transactions made through our websites. By purchasing from our websites, you agree to the terms outlined in this policy.
1. Pricing and Taxes
Product Prices:
All product prices listed on our websites are exclusive of tax. Applicable taxes will be calculated and added at checkout based on the customer's location and relevant tax laws.
Subscription Prices:
All subscription prices listed on our websites are exclusive of tax. Applicable taxes will be calculated and added at checkout based on the customer's location and relevant tax laws.
Donation Prices:
All donation prices listed on our websites aren't taxed. The donation goals are included with the tax.
2. Tax Rates and Application
Global Tax Rate:
A flat tax rate of 29% is applied to each transaction, regardless of the customer's location.
Specific Scenarios:
1. Transactions from the US Continent:
Total Tax Rate: 29%
Breakdown:
- 25% VAT
- 2.9% - 3.9% Payment Provider Fee (Stripe)
- Note: Stripe does not take an additional fee beyond the 25% VAT and the 2.9%-3.9% payment provider tax.
2. Transactions from the EU or Internationally:
Total Tax Rate: 29%
Breakdown:
- 19% VAT (for EU transactions)
- 10% International Tax (includes payment provider and Stripe fees)
- Note: The 10% international tax component includes the payment provider fee and Stripe's international fee.
3. Payment of Taxes
The tax is paid by the customer at the time of purchase.
The tax is included in the total transaction amount shown during the checkout process.
4. Checkout Process
During checkout, the applicable tax will be calculated based on the Global Tax and added to the product price. The tax amount will be displayed separately along with the total price (including tax) before the customer completes their purchase.
5. Legal Compliance
All transactions processed through our store comply with relevant tax laws and regulations.
Taxes collected are remitted to the appropriate tax authorities as required by law.
6. Contact Information
For any questions or concerns regarding this tax policy, please contact us at:
Thank you for shopping with Funtime3Freddy3 Records!
