- Amazon sellers often face challenges with VAT compliance when starting their online business
- Fulfillment options for Amazon sellers include self-fulfillment (MFN) and using Amazon’s warehouses (FBA)
- Sending stock to a warehouse abroad requires VAT registration in that country
- Registering for VAT in a foreign country involves filing regular returns and paying VAT for sales
- VAT is a consumer tax imposed on the value added to goods and services
- Input VAT is paid on goods and services purchased, while output VAT is collected on goods and services sold
Source: simplevat.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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