Frequently Asked Questions

We have gathered frequently asked questions from the developer community and have provided the answers below for your reference. You can also find a list of FAQs based on common questions submitted by developers at the Support Center .

Financial FAQs

How are sales taxes handled when I develop and sell my application(s) on the Oculus platform?

When a user purchases digital items from the Oculus App store, Oculus complete the transaction in that user's country.
Depending on the law and compliance requirements in the country the digital purchase is made, Oculus applies that specific regional tax to that transaction.
At the end of year, Oculus will submit the applicable sales tax amount to the corresponding tax jurisdiction on your behalf.

When does Oculus pay me?

In order for a payout to be initiated, you must have met a $100 threshold from the previous month. If this is the case, your payout should be initiated by the middle of the following month, with a remittance statement following 2-3 days later. If this threshold has not been met, then the revenue that was generated from that month will carry over to the following month until at least $100 is met.

How can I obtain monthly financial reports for my organization?

Monthly financial reports are generated for you automatically and can be found under your organization's 'settings', 'financial reports' menu.

How can I obtain a self-billing receipt for my records?

Self-billing invoices are only sent to the email address or addresses listed as the company email for the Financial Entity associated with your developer organization. There is no method for a finance admin to download the invoice manually at this time. If you wish to provide us with a list of other email addresses at which you would like to receive theses invoices, please use the following support link to request this: https://www.facebook.com/help/contact/1540812909361378 . We can then add these new email addresses to the company email listing for the financial entity and the client will receive self-billing invoices at the listed email address each month from that point forward.

I have an urgent financial request that I need support for immediately. Who can I contact to escalate this?

Please reach out to developer support here . They can initiate a high priority request for you with the details you provide.

What Oculus legal entity am I doing business with?

If you reside in the US or Canada, Facebook Technologies, LLC is the business entity doing the transaction with you. If you reside outside of the US or Canada, Facebook Technologies Ireland Limited is the business entity doing this transaction with you. If you are an international entity, however, your contract might still be with Facebook Technologies, LLC. Our legal team can answer any questions you may have.

How are taxes dealt with in the payments of various countries and how are currencies, currency conversion, and taxation handled?

For every user transaction purchase from Oculus, regardless of the currency that user pays in, Oculus receives this amount in United States Dollars (USD). Our bank uses the exchange rate of the day to convert the user local currency into this USD denominated amount.
Oculus carves out appropriate taxes from the received amount and gets the revenue figure that we then split between Oculus and the developer.
Every payout cycle, Oculus aggregates all the transactions for that period, and then calculates the payout amount for that cycle.

How are sales taxes handled when I develop and sell my application(s) on the Oculus platform?

When a user purchases digital items from the Oculus App store, Oculus complete the transaction in that user's country.
Depending on the law and compliance requirements in the country the digital purchase is made, Oculus applies that specific regional tax to that transaction.
At the end of year, Oculus will submit the applicable sales tax amount to the corresponding tax jurisdiction on your behalf.

How is income tax handled when I develop and sell my application(s) on the Oculus platform?

When a developer joins the Oculus Platform, Oculus requests a W-8 or W-9 form, to report developer income tax.
For Oculus developers, Oculus does not withhold any developer income tax. Developers need to report their income tax themselves.
Oculus will send out a tax form to you at the end of year.

How does Oculus Account for VAT in the EU and other countries around the world?

From January 2015 onward, all companies, EU or non-EU based, we are required to pay VAT based on any sales to EU users of Electronic Service (this includes games). As the platform provided, we are obliged under these laws to remit the applicable VAT on supply of games on the platform to EU users on behalf of the developer.

Effective January 1, 2017, we began to remit applicable VAT or GST based on user locations to relevant tax authorities in the following additional countries: New Zealand, Russia, and South Korea.

Effective July 1, 2017, we began to remit applicable VAT or GST based on user locations to relevant tax authorities in the following additional countries: Australia and India.