Globalization and the development of technology, such as the Internet and smartphones, have enabled consumers to purchase goods and services around the world. Consumers are monitoring and evaluating delivery, services, prices and especially requirements on privacy when buying goods and services online.
Business models based on intermediation in the purchase and sale of goods over the Internet are developing daily by connecting a large number of buyers and sellers through online platforms. Different business models have made it possible for small retailers to multiply their business opportunities globally.
In cases where goods and services are traded through the internet across borders, EU Member States levy VAT and customs duties, and any amount of unpaid tax affects Member States’ budgets and, indirectly, the EU budget.
Source Tax Tribune
