Value added tax (VAT) is a consumption tax that applies to most goods and services. It is classified as an indirect tax, meaning that while it is paid by consumers, it is collected and remitted to the ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. When it comes to cross-border sales into the European Union (EU), ...
Starting July 1, 2028, new VAT rules will apply to e-commerce imports into the European Union. E-commerce sellers and platforms handling online sales will be responsible for collecting VAT on imported ...
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