From July 1, 2021, online marketplaces will need to show as the deemed supplier when they are liable for VAT on invoices. But there’s a lot more to take on board.
Source Taxamo
In this serie, see also
- Part 1: Top 5 issues that online marketplaces face ahead of new EU VAT rules
- Part 2: Assessing marketplace liability for EU VAT on B2C sales they facilitate
- Part 3: Critical importance of the online marketplace-seller relationship
- Part 4: Why online marketplaces as deemed suppliers need to know more about product classification
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