European Union:
EU Special Scheme For Distance Selling Levels The Playing Field For E-Commerce Businesses Selling Across Geographic Borders
01 October 2018
Alliott Group (International)
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Net e-commerce sales in 2018 are expected to surge above
€300 billion, indicating not only how valuable an asset
international e-commerce is for online sellers, but also the impact
that discrepancies in VAT between countries can have on businesses
operating across Europe.
To curb competition between member states, the European
legislation has recently put in place a regime called the
'special scheme for distance selling'. According to this
regime, above a determined threshold of sales in another and the
same member state, the VAT applicable is that of the state where
the customer is located, not where the seller has its
establishment. In this article, Head of Alliott Group's
VAT/Indirect Services Group, Mickael Tatayas explains how the
EU's new Special Scheme for Distance Selling will help solve
some of the current issues, simplify processes and ultimately help
online sellers by levelling the playing field.
Read on for the full article:
https://www.alliottgroup.net/practice-management-resources-for-owner-managed-firms/ecommerce-special-scheme-vat-distance-selling/
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