EU VAT Compliance & Savings Guide from Accordance. Read more about EU and International VAT and discover how Accordance can help your business.
Taxamo enables e-service merchants to outsource the development and the maintenance for B2C 2015 EU VAT change.
Taxamo platform will help you reduce manpower and costs to be compliant for the New EU VAT rules.
The standard European Union Value-Added Tax ranges from 15 to 25 percent per country.
Taxamo enables e-service merchants to outsource the development and the maintenance for B2C 2015 EU VAT change.
On January 1, 2015, the rules regarding the application of VAT to B2C digital services in the EU change. The new legislation is a game-changer for the ecommerce industry.
The quest to tax the digital economy has been the launch pad for the EU’s 2015 VAT changes.
The key driver of the 2015 VAT changes for digital services in the EU is compliance.
The new EU VAT rules come into effect on January 1, 2015 - that date is set in stone. Merchants with B2C digital sales in the EU must now understand and comply with the new rules.
B2C 2015 EU VAT rules come into effect in January of 2015 and all eMerchants that provide digital services in the EU will be affected.
The recent introduction of B2C 2015 EU VAT (value added tax) rules will flip the e-commerce world on its head and bring compliance into sharp focus for merchants.
The EU has been hurt by the digital economy boom, the EU VAT digital services directive is the first step in their plan to reclaim a share of the revenue.
The new EU VAT on digital services is a back-to-the-future approach. VAT was always intended to be a tax on consumption.
HMRC-organised conference in London on Monday, June 2, set out the implications for eMerchants and the need for EU VAT compliance by taxamo.
On January 1, 2015, Change is never welcome, especially when it comes to business regulation. So, how should digital services merchants deal with this change.
THE nature of electronic services is that they can be accessed by anyone, anywhere in the world. The 2015 VAT changes take this into account and no business model will be able to escape them.
The success of the digital economy and its borderless state has meant that many companies have found loopholes so as to reduce their VAT bill.
The new VAT on eServices introduces a system to be known as the MOSS. The idea is that MOSS will make VAT registration easier across the EU.
Businesses will not be able to restrict their service to just their own locale. If the services that provide are available to be downloaded - or streamed - via the internet then they are available to anyone in the world.
The new EU VAT rules change the emphasis of taxation. Up until December 31, 2014, VAT will be applied to all B2C digital sales in the EU based on where the supplier is located.
The new EU VAT on eServices rule only affects a service supplied via the internet.
In effect electronic services can refer to everything else that is supplied via the internet.
The landscape of the VAT world changes radically on January 1, 2015, when taxation reform kicks in.
If you are a business with a product that requires the internet to be supplied then more likely than not the new EU VAT rules apply to you.
