GENEXUS MARKETPLACE TRANSACTION FEES
Note: all amounts are expressed in United States dollars.
For products that you choose to sell in GeneXus Marketplace, the transaction fee is equivalent to 30% of the product price plus taxes, with a minimum fee of $3 plus taxes. This fee is subject to Uruguay VAT (IVA) at 22%.
EXAMPLE 1: You sell your first ten products at a price of $100.00
Customer pays: $100.00
Fee = $0.00
You receive: $1000.00 for the ten sales
EXAMPLE 2: You sell your eleventh product at a price of $100.00
Customer pays: $100.00
Fee = $30.00
VAT = $6.60
You receive: $63.40
EXAMPLE 3: You sell your eleventh product at a price of $8.00
Customer pays: $8.00
Fee = $3.00 (minimum fee applies)
VAT = $0.66
You receive: $4.34
Special provision for sales within Uruguay
When both the seller and the buyer operate from Uruguay, any sale is also subject to Uruguay VAT (IVA) at 22%. GeneXus Marketplace will automatically add the tax to the sale price in such cases, which will be included in what you receive. You are responsible for issuing an appropriate invoice to the Buyer and remitting taxes to the taxing authority, in accordance to local laws and regulations.
EXAMPLE 3: You operate from Uruguay, set your product price at $100.00 and sell it to someone from Uruguay (supposing that have already received 10 product sales).
Customer pays: $122.00
Fee = $30.00
VAT = $6.60
You receive: $85.40
Other tax considerations
For a full understanding of all tax-related issues regarding your use of GeneXus Marketplace to distribute your products, please refer to the GeneXus Marketplace Developer Registration and Distribution Agreement (found at http://marketplace.genexus.com/developeragreement.aspx).
Last updated: September 02, 2011