Why is there no VAT included on the selecdoo credit note?
Selecdoo issues all credit notes for publishers from Switzerland, which affects how VAT (value-added tax) is handled:
- With VAT: Only publishers who are based in Switzerland will receive credit notes including VAT.
- Without VAT (Reverse-Charge Procedure): Publishers based outside of Switzerland receive credit notes without VAT. In this case, you must handle VAT reporting yourself in your own country.
Important:
For payouts to be processed, your selecdoo profile must include a valid tax number and be fully completed. Without this information, selecdoo cannot make any payments.
Especially during peak sales periods like Black Friday, keeping all data up to date is crucial to ensure smooth payouts and accurate commission statements.
Summary:
Whether VAT appears on your credit note depends on your country of residence:
- Swiss publishers = credit note includes VAT
- Non-Swiss publishers = credit note without VAT (Reverse Charge applies)