Fees & Payments Policy
Sellers may be charged for using some of Expressboard’s services. This Fees & Payments Policy explains your fees, bills, and taxes and how to pay them.
1. Types of Fees
Sellers may be required to pay the following types of fees:
When you make a sale through Expressboard, you will be charged a transaction fee of 8% of the price you display for each listing. If you sell from the US or Canada, the transaction fee will not apply to the shipping cost, sales tax, Goods and Services Tax, or Harmonized Sales Tax, unless you have included those charges in your listing price. If you sell from anywhere other than the US and Canada, the transaction fee will apply to the listing price (which should include any applicable taxes), but will not apply to the shipping cost. See the Taxes section below for more information about whether or not you are required to include applicable taxes in your listing prices. Transaction fees will appear on your Stripe account.
Digital VAT (Value-Added Tax) Fees
Under European Union law, when you sell a digital item that is downloaded automatically to a buyer living in the EU, VAT (a value-added tax) must be collected based upon the rate that is charged in the country where the buyer is located. To make this convenient for you, Expressboard will automatically increase the amount charged to the buyer of the digital item to collect the correct amount of VAT, and Expressboard will remit the VAT to the tax authorities. The amount will depend on the buyer’s country of residence.
Important legal note: Solely for VAT purposes, when you sell a digital item to an EU buyer, you are legally supplying the item to Expressboard, Expressboard will supply the digital item to the buyer, and the buyer will be treated as a consumer.
All fees that appear on your Expressboard bill are in US Dollars. If you list items in a currency other than US Dollars, your item price will be converted to US Dollars solely for purposes of calculating the transaction fee.
To avoid incurring foreign exchange charges, Expressboard recommends you list your items in the US currency.
2. Fee Avoidance
Any action by a seller to avoid paying a fee is considered fee avoidance and is strictly prohibited by Expressboard. This includes, for example, encouraging buyers to purchase an item in your Expressboard Shop through another venue. The price stated in each listing description must be an accurate representation of the sale. Sellers may not charge excessive shipping fees. Sellers may not alter the item's price after a sale for the purpose of avoiding Expressboard transaction fees, misrepresent the item’s location, or use another user's account without permission.
You are responsible for collecting and paying any taxes associated with using and making sales through Expressboard’s services.
If you sell physical goods on Expressboard and reside in the US or Canada, you have the option of either including applicable taxes in your listing prices, or excluding applicable taxes from your listing prices and then using our sales tax tool to calculate the tax owed on each sale.
If you sell physical goods on Expressboard and reside outside of the US and Canada, you need to include all applicable taxes in your listing prices.
Expressboard will issue 1099-K forms to certain sellers in the United States to comply with IRS requirements.
For digital items sold to buyers in the EU, Expressboard will help you collect and remit VAT as described above in the Digital VAT (Valued-Added Tax) Fees section.
Please remember that Expressboard's fees do not include any withholding taxes that might apply in your home country.