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Why is VAT/Tax added to my program/course purchase?

If you are purchasing from within Europe - under European laws, ClickBank (our 3rd party payment processor) is required to collect and remit Value Added Tax (VAT) on sales of electronic services and electronic intangible products. ClickBank currently collects and remits VAT on sales to customers in EU Member States, Norway, and Iceland.

Furthermore, ClickBank is responsible for collecting and remitting tax on sales to end customers, globally.These taxes are assessed based on the location of the end customer and the laws of the jurisdiction in which they reside.

There are a wide variety of different tax rates associated with the following currencies / geographical locations, where Clickbank (the international payment processor) adds on the appropriate taxation and remits the fees accordingly:

ARS - Argentinean Peso
AUD - Australian Dollar
BRL - Brazilian Real
CAD - Canadian Dollar
CHF - Swiss Franc
CLP - Chilean Peso
CNY - Chinese Yuan
COP - Columbian Peso
CZK - Czech Koruna
DKK - Danish Krone
EUR - Euro
GBP - British Pound
HKD - Hong Kong Dollar
HUF - Hungarian Forint
IDR - Indonesian Rupiah
INR - Indian Rupee
JPY - Japanese Yen
KRW - South Korean Won
MXN - Mexican Peso
MYR - Malaysian Ringgit
NOK - Norwegian Kroner
NZD - New Zealand Dollar
PHP - Philippines Peso
PLN - Polish Zloty
RUB - Russian Ruble
SEK - Swedish Krona
SGD - Singapore Dollar
THB - Thai Baht
TRY - Turkish Lira
USD - US Dollar
ZAR - South African Rand

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