Quote from: davidlee on February 23, 2015, 01:51

Hey guys,

I understand it's been pretty confusing with the recent changes to the EU Law.  We've answered some of these questions on our forums, like:

Q: The invoices aren�t valid for VAT.
A: You�re correct, and we have a second VAT rollout that is coming right after this one. (Click for full answer)



Q: Does Envato report the VAT in the author�s name?
A: No, VAT will be collected and remitted under Envato�s MOSS registration.
 
Please check out the forum threads like the New Invoices and Statements and Envato Market the platform for more extensive information.  If you do have further questions, please contact [email protected] as this is actively monitored and will be responded to.

Cheers, and thanks for sharing your concerns.

David

David,
you are not answering the open questions.
I would like to read an official statement about why you are doing all these changes.
I have not found a single explanation of why this new setup is beneficial for anyone.

And once more: Who did allow you to give out personal information to third parties (buyers) without first getting our consent - and in direct conflict with your privacy policy?

I am still waiting for an answer.

I also wait!

Quote from: R2D2 on February 20, 2015, 06:21

Quote from: MarcvsTvllivs on February 20, 2015, 04:53

As a contributor to this "marketplace" I will not worry too much about this. These are people that walk like an agency and talk like an agency. They review the content, they brand it with their watermarks, they set the licenses as well as the prices, they process the payment, and so on and so on... Chances are, any judge and any tax authority will recognize them as an agency.

Of course you have to worry about. Envato course is ambiguous yes.
But what you tell the tax office which are not understood first?

Thats all just makes too much work and problems.

I don't think I do. Envato with their ridiculous, transparent antics doesn't declare my taxes to my European tax authority. They declare theirs, and good luck with that. I as a citizen of a European country declare my own taxes and I will declare what I receive from them on the date that I receive it like I do with any other agency. My tax authority will then tax me on that income. Done. My tax authority will neither know nor care what Envato is trying to pull off.

of couse that works for the time being but least at a tax audit you will have to explain it...

As a contributor to this "marketplace" I will not worry too much about this. These are people that walk like an agency and talk like an agency. They review the content, they brand it with their watermarks, they set the licenses as well as the prices, they process the payment, and so on and so on... Chances are, any judge and any tax authority will recognize them as an agency.

Of course you have to worry about. Envato course is ambiguous yes.
But what you tell the tax office which are not understood first?

Thats all just makes too much work and problems.

Old timers have been trying to get fair deal from the agencies for years since the agencies got greedy, but in the end here we are anyway.  Not sure what newbies can hope to change if the biggest sellers weren't able to do it.

hope not take us any further.

The price makes the market.
If we do not have to pay the exorbitant commissions  we could offer unbeatable prices.
We need a cheap and good platform which is tailored to our needs not to the shareholder.
We have the product not the agencies.
The agencies need us. Not the other returned.

done

why not take advantage of Symbiostock infrastructure ?

1. A meaningful domain like for example symbiostock.com, .net, .club, etc. as a landing page for the customer not individual pages.
2. Uniform licensable, uniform rates and a global search.
3. A service provider (Agency) who makes the administration and accounting for a fee.

One nice looking Domain on the infrastructure of Symbiostock promoted by all of us (viral/links/banner/adwords/ etc.) is the key in my view.
The developers simply need to get money so that their work pays off, that's another reason why Symbiostock does not develop further in my opinion.

What about European contributors? If they are selling directly they are accountable for VAT, not Envato. Will Envato forward the VAT to European contributors?

It looks as if Envato pay VAT for authors.
Nevertheless, the constellation is problematic.
With respect to the VAT Envato behaves like a seller.
With respect to the INCOME Envato just wants to be a "platform".

I find it problematic and whether this is possible in the EU i can not imagine


Someone has made a nice schematic showing the problem (post from Cocomero):

http://codecanyon.net/forums/thread/author-information-about-eu-vat-changes/160108?page=11

OMG  I don't know why !!! Got to fix this !

is this link work ? http://shutterstock.com/g/juliedeshaies 


thank you

worked.

Quote from: MichaelJayFoto on November 29, 2014, 03:14

I also agree that any relation to any IPO makes not that much sense. Accounting related the royalties are still due payments, they are not added to their profit margin. And based on the last numbers we know, we are probably talking about $10 millon payouts delayed by a month, given the current interest rates, we are talking about less than $20,000 a month that could be earned in interests.

It is likely that they are going to make more savings from removing the additional acccounting and tax departments they had to keep running in Calgary. And that's what I think is the most important reason for the change.

Roughly 10 million a month, held in a 30 day investment vehicle (for example a Bank of Montreal short term investment certificate) that has a 0.600% rate can earn them $60,000 in a month. For one year that's roughly $720,000 in free money. And if you can invest up to 10mil a month you can get a better rate than that. What that gives Getty is "float", basically making money from other peoples money. It's how Buffett made billions from people's insurance premiums.

Getty Mafia.

yes you can, if they earn double than i would myself because they have for instance a much higher ranking at fotolia, while my individual account is still bronze, plus higher rankings in searches...etc...

Sorry this is absolutely unsustainable.

I would always invest in my own reputation / rank among the major agencies not in the reputaion of an small agency like Westend.
If Westend goes bust or the big agencies close the W61 account you lack the reputation among your own accounts.

does anyone have any idea how I can delete images there?

Oh a 30 days countdown is a nice idea i think  .