NEW: RevenueCat now supports tax estimation

  • 17 November 2022
  • 0 replies

Userlevel 1
Badge +2

RevenueCat can now optionally report revenue after store commissions, or after taxes and commissions through features such as charts, integrations, and webhooks:

  1. The Revenue chart now includes new measures to distinguish between revenue deducted for taxes vs. commissions & fees (learn more)
  2. Webhooks include tax_percentage and commission_percentage fields for calculating these values yourself (learn more)
  3. All revenue-reporting integrations can be toggled to report revenue on a gross, net of commission, or net of commission & taxes basis (learn more)

Especially in regions where a VAT is applied, this should result in a much more accurate estimation of the proceeds (net revenue) you’ll generate from your gross revenue.

Tax estimation is complicated though, and each store handles the application of VAT and other taxes like digital service tax (DST) quite differently. To learn more about how RevenueCat estimates taxes on each transaction – including all historical transactions – and how you can use those estimates, check out our docs.

Thanks very much,

- Dan

PM @ RevenueCat

0 replies

Be the first to reply!