According to the European Commission, the Value Added Tax or VAT, in the European Union is a general, broadly based consumption tax assessed on the value added to goods and services. It applies more or less to all goods and services that are bought and sold for use or consumption in the ...
The other scenario contemplated under Sub-decree 65 relates to B2B (business to business) transactions which would involve the supply of digital products and services by a non-resident entity to a registered taxpayer in Cambodia. Under the B2B scenario Sub-decree 65 implements a VAT reverse charge...
Once collected, the money can be spent on public services, infrastructure, healthcare and other important growth initiatives. But wait, what about those pesky questions like “should I charge VAT to EU customers?” or “do I pay VAT if buying from Europe?”. We hear these all the time fr...
Simplify UK & EU VAT for your digital business. Collect the right VAT on every domestic and cross-border sale, and automate EC Sales List or VAT OSS reports. You’re compliant within minutes.
The table below shows the Value Added Tax (VAT) or Goods & Services Tax (GST) rates that may be charged to Amazon Web Services customers with accounts located in the countries (*) below. For more information on individual countries, please visit AWS Tax Help. Country VAT/GST for Accounts...
UK VAT on digital services Discover how UK VAT is applied to digital services. If you sell digital products or services to the UK, it is necessary to collect and pay VAT to the UK on the sale of digital items. All business-to-consumer (B2C) sales into the UK, both physical and digit...
This article deals with the new OECD international VAT/GST Guidelines on place of supply of B2B Services and Intangibles. The Guidelines were approved by the OECD Committee on Fiscal Affairs in January 2014. The aim of the article is to analyse the new Guidelines from an EU law perspective ...
Why was VAT charged on my order? Beginning January 1, 2019, Adobe will be responsible to account for and pay VAT with respect to both B2B and B2C supplies of e-services. (Note that before January 1, 2019, the tax rules for collecting VAT only applied to B2C supplies of e-services.)...
Services Goods VAT credits Output VAT Input VAT Real estate B2B B2C e-commerce Sharing economy export import source country payment revenue income resident withholding tax rate deduction exemption compliance directive taxpayer sales and use tax FATCA Exchange of information dividends royalties interest tax...
Businesses in the Netherlands need to register for and collect VAT once they’ve made €20,000 in annual revenue. Businesses in Ireland, on the other hand, have two different VAT thresholds: €75,000 for local businesses selling goods and €37,500 for local businesses selling services. These...