- 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.
Latest Posts in "European Union"
- Understanding the Reemtsma Principle: EU VAT Reimbursements and Recent CJEU Rulings
- Roadtrip through ECJ Cases – Focus on ”Vouchers” (Art. 30a, 30b, 73a)
- Roadtrip through ECJ Cases – Focus on ”Composite supplies”
- Roadtrip through ECJ cases: Focus on ”VAT rates” (Art. 96-99)
- VAT Committee Clarifies Single-Purpose Vouchers and ECJ Judgment on Supply and Taxation Rules