“Deemed supplier” concept, e-commerce and VAT

The treatment of electronic interface operators for value added tax (VAT) purposes is proposed to change beginning 1 July 2021. In connection with a planned amendment to the VAT law relating to e-commerce, “e-shops” (platforms) engaging in the sale of goods from foreign suppliers would need to assess whether they are operating as “deemed suppliers.”

Source: KPMG

---

---