Many U.S. states now require online marketplaces to collect and remit sales taxes. The EU is following close behind, making marketplaces like Etsy and Alibaba responsible for collecting and remitting value added tax (VAT) beginning July 1, 2021. Christiaan van der Valk of Sovos outlines the EU program and measures being taken by individual jurisdictions.
Source: bloombergtax.com
Latest Posts in "European Union"
- Comments on ECJ C-436/24 (Lyko): Court Rules Loyalty Points Do Not Qualify as Vouchers
- EGC Customs T-589/24: No partial exemption from import duties in outward processing
- CJEU: OPR Import Duty Exemption Requires Export via Authorized Customs Office Only
- ECJ C-167/26 – ECJ will review EGC Case T-689/24 RX – VAT deduction and invoice timing
- Blog Part 5: Living with ViDA: Governing VAT and Finance in a Continuous Compliance Environment
