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...
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.
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...
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...
With regard to the collection of VAT on electronically supplied services, the EU VAT Directive provides for reverse charging (in B2B) and a single registration scheme (in B2C). This paper challenges the efficiency of these collection mechanisms in a digital context, and in particular their ...
business is that the VAT balance in its returns is either nil or it is in a payable position so no refund requests would be needed. Only a single VAT registration would be needed for the whole of the EU, depending on shipping terms. Get help solving your VAT challenges...
On 1 January 2015 the VAT rules for cross-borderB2Csupplies of ‘digital services’ (i.e. broadcasting, telecoms and e-services) will change. From that date, VAT must be accounted for in the member state where the customer normally lives, rather than where the supplier of the service is ...
However, if the digital products are sold to other companies (B2B), there is the option of reverse-charge in order to no longer impose this fee on customers of this type. We remind you that our tax lawyers in Malaysia can help you with the registration for VAT if you are thinking of ...
Increasingly, digital services to consumers – such as software downloads or content streaming – are taxed in the country of consumption. A thing called intra-community acquisition of goods occurs –The place of taxation is the place where the transport ends (i.e., the EU country where the ...
Cambodia registered taxpayer would have to account for the VAT output of the supply of products and services on behalf of the non-resident supplier but then conversely the registered Cambodian taxpayer receiving the digital product or service would be able to obtain a corresponding VAT input credit...