Did you know? Over 170 countries worldwide have implemented VAT or GST.
Despite how common VAT is, the tax is difficult at the best of times to understand. Knowing who pays VAT – the buyer or the seller – is straightforward, though, if you take the time to learn about the tax or have help. That’s why we share plenty of knowledge on the topic, from an in-depth introduction to EU VAT to how VAT changes when trading between different EU countries. With this specific blog, we explain who collects VAT and what governments expect of businesses. For questions around the EU VAT eCommerce package read this comprehensive guide.
- How VAT works – a quick explanation
- Who pays VAT, the buyer or seller?
- Differences between Sales Tax and VAT
- How does VAT work?
- Responsibilities as a VAT registered business
- What triggers the tax administration requirement?
- Frequently Asked Questions
- Is VAT paid by the seller or buyer?
- Does the buyer pay VAT?
- Do sellers pay VAT?
- Who pays VAT, the buyer or seller in the UK?
- What is the difference between Sales Tax and VAT?
Source: Sovos
Latest Posts in "European Union"
- CJEU Confirms TP Adjustments as VAT-Applicable Services, Requires Supporting Documentation
- ECJ Rules Compensation Payments in Transfer Pricing as Taxable Supply for VAT Purposes
- Court of Justice Rules on VAT for Intra-Group Services and Evidence Requirements for Deductions
- ECJ Rules Non-Transactional Profit Adjustments by Principal Are VAT-Applicable Services in Arcomet Case
- Understanding VAT Implications on Transfer Pricing: Insights from Arcomet Case C-726/23
