Wednesday, December 31, 2014

Change to EU VAT laws affect sellers of digital services starting Jan. 1, 2015.

Starting on Jan. 1, 2015, all telecommunications, broadcasting and electronic services providers will be subject to value added tax (VAT) by the European Union (EU) member state where the customer belongs, rather than the place where the service provider is located. If the customer is a business, it belongs to the country where it is registered or the country where it has fixed premises receiving the service. On the other hand, if the customer is a consumer, he/she belongs to the country where he/she is registered or has his/her permanent address.

If you would like more details about this or any other aspect of international tax law, please do not hesitate to contact, Amare Berhie, Senior Tax Accountant
To view our YouTube video click to link http://youtu.be/EYJdQtbPZAI

(651) 621-5777, (952) 583-9108, (612) 224-2476, (763) 269-5396

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