Vertex, Inc. and its subsidiaries, announced its Taxamo Assure by Vertex® solution that facilitates and enhances the successful completion of online sales by e-commerce sellers. The Assure solution enables such sellers to ensure that their covered sales are in full compliance with the complex process of value-added tax (VAT) calculation and reporting obligations for parcels worth €150 or less, as new VAT rules for e-commerce transactions to the EU went into effect July 1, 2021.
Sources:
Latest Posts in "European Union"
- Briefing document & Podcast: EU VAT Directive 2006/112/EC Explained: ”VAT Rates” (Art. 93-129a)
- Briefing document & Podcast: EU VAT Directive 2006/112/EC Explained: ”Deductions” (Art. 167-192)
- Briefing document & Podcast: EU VAT Directive 2006/112/EC Explained: ”Exemptions” (Art. 131-166)
- Less Known Facts from the EU VAT Gap Report
- Briefing document & Podcast: EU VAT Directive 2006/112/EC Explained: The concept of ”Taxable persons” (Art. 9-13)
