6 new VAT laws to ensure compliance in 2021

VAT 6 new VAT laws to ensure compliance in 2021 Lovat VAT 6 new VAT laws to ensure compliance in 2021 Lovat Marketplaces become deemed suppliers when facilitating sales in the EU, UK, Canada, New Zealand, US, Norway. EU: Distance sales thresholds were replaced by an...

To invoice or not to invoice that is the question

EU VAT To invoice or not to invoice that is the question Sonya B. EU VAT To invoice or not to invoice that is the question Sonya B. From 1st of July, new VAT changes came into force in the EU. These Reforms changed the VAT compliance profile for all e-commerce sellers...

One-Stop Shop – EU VAT changes for e-sellers

EU VAT One-Stop Shop – EU VAT changes for e-sellers Sonya B. EU VAT One-Stop Shop – EU VAT changes for e-sellers Sonya B. General overview Distance sales threshold was replaced by EU-wide 10K threshold for digital services and goods. That means that intra-community...

Retrospective tax registration

VAT Retrospective tax registration Lovat VAT Retrospective tax registration Lovat Why you may need retrospective tax registration? Sometimes sales start expanding to new markets. Especially with these remote times, we don’t know where our new customer is located. That...