Frequently Asked Questions

Why do I need to pay VAT for Xecrets?

It depends on the point of view essentially.

You're not really paying the VAT - we are.

The reason is because the taxation rules in Sweden, from where the business operates has very unclear rules about just how computer server-generated services like this should be taxed, and under what circumstances and from what countries. There are numerous tax agreements which varies from country to country. This is also a rather rapidly moving target. We therefore took a strategic decision and simply decided to pay VAT to our tax authorities on all sales, so far we've heard of no-one being questioned by our tax authorities for paying too much tax ;-) We judge this to be more economical for us than to pay legal counseling to find out what rules apply for the day for a given situation, and then coding this into our payment processing system.

We price the system from what we think it should cost the end user, then deduct the VAT from that according to Swedish regulations. We're the only real loosers here - the Swedish government gains a little bit, and some customers (those who can deduct VAT, i.e. businesses) also gain a little bit.

For you as a private person it certainly appears as if you're paying VAT in some situations where it's probably technically possible not to. The problem is that we're the ones who must make that judgement, and then take responsibility for it with our tax authorities. If it was the opposite, that you as the customer took the responsibility we'd be happy to oblige, but that's not the case unfortunately.

Please look up your local regulations as to your rights to deduct VAT on purchases, if you're a business chances are you can do this.

To sum up, we simply can't afford to really know in which cases we are not obliged to pay VAT to the Swedish Tax Agency. We hope for your understanding, and that the total amount of VAT paid is so small that you can look at the actual cost to you and feel that the service is worth it anyway. If you're intersted in purchasing a large number of accounts and the cost actually is significant, contact us and we'll try to solve the issue.


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