An increasing number of countries are taxing VAT or GST on digital services supplied from abroad to consumers. Global VAT Compliance is up-to-date with all of these new regulations and provides VAT/GST solutions to digital companies worldwide.
An increasing number of countries are taxing VAT or GST on electronic services supplied from abroad to consumers. As of 2015 the EU applied the Mini One Stop Shop which enables trader to register in one country and report and remit VAT for the entire EU. Global VAT Compliance files EU VAT MOSS returns in various jurisdictions throughout the EU.
Also, countries outside the EU have implemented a mechanism to charge VAT, GST or similar transaction taxes on supplies made from other countries to private individuals.
Our expertise contains all sorts of aspects, not only relating to VAT & Customs duties. Here are some examples of the issues we have worked on for our clients:
The directive of administrative cooperation was amended on the 22nd of March by the EU council to cover digital platform sales. These new obligations for digital platforms will apply from 2023.
A new circular has been published by the Italian Revenue Agency regarding the application of Digital Services tax.
According to the publication by the State of Maryland (US) “Business Tax Tip #29”, the sale or use of Digital Products and Digital Codes is subject to Sales and Use Tax (SUT). The measure is in effect since 14 March 2021 while the applicable Tax rate on digital products is 6%.