Library

Canada is to tax cross-border digital services, effective from July 2021. Consequently, non-resident businesses providing digital services to customers in Canada will have to start charging sales tax. Many digital vendors will now have to register  for GST/HST in Canada.  Up to now, only digital services businesses with local operations have had to charge customers […]

For many companies, finding ways to increase import VAT savings can feel overwhelming and difficult to implement. You wouldn’t be incorrect in thinking. It is complex to unlock Import VAT savings while ensuring 100% VAT compliance.  In short, optimising operations is about more than meeting minimal VAT compliance obligations. Ultimately, it’s about leveraging VAT regulations […]

Germany has changed the due date of import VAT, a move that will provide welcome cash flow relief to importers.  Previously, taxable persons had to pay import VAT within ten days of the import.  The Second Corona Tax Aid Act allows for the due date for VAT import payment to be moved to the 26th […]

If your business sells goods to private individuals around the world (e-commerce sellers), whether it be via your own web shop or a platform, it is highly likely you will have multiple VAT compliance obligations. Vatglobal offers a technology-enabled managed compliance solution to help businesses deal with the innumerable challenges that are created when navigating [...]

Selling your goods to private individuals, e-commerce sellers, in multiple countries – especially in the European Union – creates VAT compliance obligations in multiple countries. It is illegal to trade in a country where you should be VAT registered but don’t have a VAT number. Tax authorities in the EU and across the world are [...]

The VAT implications of the UK leaving the EU are significant, especially since no deal has yet been agreed. Whilst from a VAT perspective, there is very little clarity from the tax offices, there is clear guidance for businesses based on the assumption that the UK will be treated the same as other non-EU countries [...]

Moldova has amended the VAT regulations for non-resident digital services businesses that provide electronic services to customers in Moldova.    The change to the Moldovan Tax Code, introduced in April 2020, requires all non-resident businesses that provide specified digital service to register for VAT. Note that there is no threshold for registration. If your business engages […]

VAT Compliance is a loaded term, so it’s important to define it before we dive in. For the purpose of this discussion, VAT compliance will refer to 3 primary areas: Ensuring your business is VAT registered in all jurisdictions where the legal obligation exists, whether that be a resident VAT registration (i.e. in your home [...]

Your business has more important things to worry about than VAT, but unfortunately it is the most complicated tax in the world and most tax offices across the globe treat compliance with their VAT legislation and receipt of the associated tax revenue as their highest priority. Therefore, it goes without saying that your business should […]

If your business sells goods or provides services to other businesses (“B2B”) around the world, it is highly likely you will have multiple VAT compliance obligations. Vatglobal offers a technology-enabled managed compliance solution to help businesses deal with the innumerable challenges that are created when navigating this complex international VAT landscape. The service is built […]