Name.com is making an important update to its tax collection policy. On Sept. 1, 2015, we’ll begin charging Value Added Tax (VAT), which is a required tax on business-to-customer transactions in the European Union.
If you’re a business in the European Union you can get an exemption from this tax by submitting your VAT ID from within your Name.com account. It’s recommended that you submit your ID as soon as possible, because VAT will result in an approximate 20 percent increase in charges, and is collected for both manual and automatic transactions (like recurring billing). However, VAT is refundable if you submit your ID after Sept. 1.