As the digital economy has grown exponentially in the past decade, tax laws have been racing to keep up. The response to this challenge has been fairly straightforward – placing significant tax compliance, reporting and remittance burdens on digital marketplaces instead of the individual sellers. Marketplaces are now responsible for tax collection.
Source: fonoa.com
Latest Posts in "World"
- E-Invoicing & E-Reporting developments in the news in week 6/2026
- UN Article 12AA: Economic Impact on Cross-Border Services and Global South Trade
- How Electronic Invoicing Transforms VAT Recovery and Reporting: Key Impacts and Business Preparation
- Global Tax ID Revalidation: How 20+ Countries Define Compliance Frequency for VAT and Tax IDs
- 59 Country Profiles on E-Invoicing, E-Reporting, E-Transport, SAF-T Mandates, and ViDA Initiatives
