Austria announce that online marketplaces will be liable for their merchants’ unpaid VAT from 2020

8 March 2019

Austria recently announced that from 1 January 2020, it plans to make online marketplaces (such as eBay, Amazon etc.) liable for unpaid VAT by merchants selling through their platforms.

This new liability follows similar regulations introduced by Germany and the UK and should help to prevent online VAT fraud, which is estimated to cost the European Union up to €5 billion per year.

LATEST NEWS

Bahrain increases VAT rate to 10%

From 1 January 2022, Bahrain has announced that it will increase its VAT rate from 5% to 10%. This VAT rate increase is being introduced to re-stabilise the...

SEE MORE
LATEST NEWS

UPDATE: Bulgaria extends the VAT rate reduction to 9%...

The Bulgarian tax authorities have confirmed that the VAT rate applicable on the following goods and services will remain at 9% until after the COVID-19...

SEE MORE
LATEST NEWS

New German coalition government announces intention to...

The German government has announced that it intends to implement a mandatory B2B e-invoicing regime in the country.     The new voluntary regime will allow...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.