The obligation to settle income tax belongs to the Publisher.
ViralSeed® does not pay income tax and does not file annual tax return from Publishers pay.

1. If the Publisher is a private individual - Publisher's income (revenue for delivered views) is accounted for as "advertising space lease agreement", the amount includes the value of income tax.
Receipt is generated automatically by the ViralSeed® Platform at the end of the billing period and must be downloaded from the Publisher panel (Finance tab) for settlement with the IRS.

2. If the Publisher conducts a business activity (but is not a VAT payer) - Publisher's income (revenue for delivered views) is accounted for as "advertising space lease agreement".
Receipt/invoice should be issued and sent to us through the Publisher panel (Finance tab> "Send Invoice") in order to receive payment.

3. If the Publisher conducts business activity and is a VAT payer - Publisher's income (revenue for delivered views) is accounted for as "advertising space lease agreement".
The VAT invoice must be issued and sent to us through the Publisher panel (Finance tab> "Send Invoice") in order to receive payment.
The amount of income should be increased by the applicable VAT rate.

If you're still unsure how to settle your income, please contact your tax office for more information.