Depending on your location and the registered address you provide to IMI, IMI may be required to collect tax-related information from you.
Providing tax information
Providing your tax information is optional. However, if you or your organization are eligible for tax exemptions based on your status, during the checkout process you need to provide the following information within your billing details to be exempt from paying 21% Dutch Value Added Tax (VAT):
- Your full company/sole proprietorship name
- Billing address
- Your tax information
Your tax relationship with IMI is based on:
- The tax information that you submit
- The country of residency/registration stated in your billing details
This tax relationship determines how VAT is collected and reported:
- For EU-based customers, your VAT Number is validated using the VIES System. It is important to note that if an EU-established customer cannot provide a valid VAT number, the customer qualifies as a “Consumer” and is due to pay 21% Dutch VAT.
- If you are a non-EU business customer (ex. legal entity, lawyer, entrepreneur, etc. registered under the laws of your local jurisdiction) please enter your Tax Identification Number. You must also self-attest as a business customer by checking the box below to validate your TIN and remove VAT from your order.
Depending on your country of residency/registration stated in your billing details during the checkout process, there are three fields under the “Billing Details” on the checkout page. These fields are:
- VAT Number (EU based customers)
- Tax Identification Number (non-EU based customers)
- Self-attestation checkbox (non-EU based customers)
If you are paying on behalf of a taxable legal entity and unsure what your Tax Identification Number is, please refer to this useful OECD Resource, or consult your local tax authority or a tax adviser. IMI cannot provide advice on tax issues.
If there are reasons to doubt the declared tax status, and as per “Know your Customer Rules”, IMI reserves the right to conduct compliance spot checks and request your latest tax residency certificate/ Tax exemption letter/ Tax registration document, which would prove the declared status.
For any additional questions, feel free to reach out to us at: certify@imimediation.org (for mediator listing inquiries) or imisupport@imimediation.org (for implementing organisation inquiries).