Manage your financial account
Updated: Jan 13, 2025
If you plan to charge for apps or content in apps that you publish in the Meta Horizon Store, you must provide additional information for tax and payment purposes. Meta provides tools that enable you to submit this information as well as view the financial performance of each application. Currently, you can associate one user ID with one account.
Use the following steps to set up your banking and tax information for an organization:
- Open your browser and navigate to the Developer Dashboard.
- Select the developer organization you want to modify from the top right (if you have more than one).
- From the left-side navigation, click the Organization dropdown, and select Payment Information.
- Click Add Payment Information to create a new payout account. You will be taken through our multi-step process to collect the following payment information:
- Business information, specifically, country and business type.
- Business name, address, and tax identification number.
- Name, address, and date of birth of the legal owner for the business.
- Bank account information of where you’d like your money to be sent.
Once your banking and account information is set up and your app or app content is purchased from the Store, Meta collects taxes associated with the sales and sends payments to you based on the information you provide.
Payments and taxes are accounted for per organization. If you have more than one organization, you’ll pay taxes and receive payments for each organization. This process is the same for app, add-on purchases, and subscriptions. Depending on where a user is located, their purchase will be from one of two entities. US and Canada purchases will be made from Meta Platforms Technologies, LLC, while purchases made from anywhere else in the world will be made from Meta Platforms Technologies Ireland Ltd.
Purchases made from the US and Canada are considered “tax exclusive”, meaning that the sales tax is not included in the offering price and is added to the final sales price. On the other hand, purchases made from anywhere else are “tax inclusive”, meaning that the offering price includes any sales tax.
Meta calculates the tax to be withheld, which varies based on the user’s location, and collects the sales tax revenue. Then, at the end of the year, Meta submits the tax revenue collected to the appropriate tax entities.
All companies, whether EU or non-EU based, are required to pay VAT based on any sales to EU users of Electronic Services (this includes games). We will remit the applicable VAT on sales to EU users on behalf of the developer.
We remit applicable VAT or GST, based on user location, to tax authorities in the following additional countries: Australia, Belarus, India, Kingdom of Saudi Arabia, New Zealand, Russia, South Korea, Switzerland, and Turkey.
When a purchase is made anywhere in the world and in any currency, the revenue from the transaction is converted into USD using that day’s exchange rate and sent to Meta. Along with the sales tax described above, Meta then removes the platform fee (30% unless otherwise agreed) to be retained by Meta, and collects the balance to be sent to you, the developer, at the end of the monthly payment cycle.
Payments will originate from Meta Platforms Technologies, LLC for US and Canadian developers, and from Meta Platforms Technologies Ireland Ltd for all other developers. All payments will be made in USD, regardless of local currency.
When you establish an account with Meta, you are asked to provide a W-8 or W-9 form for income tax purposes. Meta does not withhold any income tax and each organization is responsible for submitting their income tax due at the appropriate time. Meta sends summary tax documents at the appropriate time for reporting and payment purposes.
View app-level financial analytics
Meta provides several metrics that help you monitor the performance of individual apps on the Store. To review the analytics, follow these steps:
- Go to the Developer Dashboard.
- Choose your app.
- In the left-side navigation, choose Analytics > Overview. The Analytics Overview page displays general app metrics over a variable time scale as well as some lifetime metrics about the app.
The child pages provide additional information about how the app is performing, recent user reviews, and more. For more information, see
Analytics overview dashboard.
Viewing org-level financial reports
Meta generates financial reports that provide both an overview of the financial performance of the organization and an auditable detail of the monthly transactions.
To access the reports, follow these steps:
- Go to the Developer Dashboard.
- In the left-side navigation, select Organization > Financial Reports.
Each
Monthly Report (.csv) provides a summary and history of the purchases and IAP transactions over the previous month. The
Monthly Remittance Report (.pdf) provides an overview of the monthly payment remitted by Meta. The Monthly CSV Report provides a detailed transaction register of every purchase. Information about fields of the CSV report can be found on the
Facebook Reports page.