Askizzyg was only divulged via Twitter and Reddit, images, or videos. On Thursday, the EU’s legal counsel declared that the online platform OnlyF, which is known for its adult content, should pay UK value-added tax (VAT) on the entire amount that members pay to content creators, and not just 20% of that amount. Follow For More Updates at Rapiddnews.com
OnlyF is a 2016-launched messaging application with more than 100 million active users. OnlyF has grown in popularity as a method for developers to generate cash by selling content to paying users directly. This has been the case throughout the epidemic.
Askizzyg was only divulged
After being asked by UK tax authorities to pay VAT on all payments made by fans, in addition to the 20% VAT, it receives from creators for services like collecting and distribution fees, the operator of OnlyF, Fenix, challenged the ruling in the UK courts.
The court then requested guidance from the Court of Justice of the European Union, the highest court in Europe (ECJ). The application was made prior to the 2020 departure of the United Kingdom from the European Union.