New EU VAT (Value Added Tax) Rules game changer for digital businesses! Our understanding is that this change as of January 1, 2015 will affect any business - based wherever - offering digital services (ebooks, PDF products, training materials, software, etc) to EU citizens (not B2B). For purposes of VAT, place of supply will be location of PURCHASER. Sellers would then have to add VAT to purchase price at rate of purchasers country. Stay tuned and keep your eyes peeled for how this might affect that way you do online business with EU citizens... theguardian/small-business-network/2014/nov/25/new-eu-vat-regulations-threaten-micro-businesses
Posted on: Mon, 15 Dec 2014 18:21:56 +0000
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