2 July 2018
Germany recently announced that from 1 January 2019 its existing joint and several liability rules will be extended to hold online marketplaces (such as eBay, Amazon etc.), liable for unpaid VAT by the merchants selling over their platforms.
This new liability mirrors the regulations that were introduced by the UK during March 2018 and will require online marketplaces to either keep a record of their merchants’ German VAT certificates or hold digital confirmation from the German tax authorities that the merchants are up-to-date with their VAT affairs, to ensure their VAT compliance.
It is hoped that this measure will help to prevent online VAT fraud, which is estimated to cost the European Union up to €5 billion per year.
LATEST NEWS
France clarifies e‑invoicing and e‑reporting...
France has updated its enforcement rules relating to the September 2026 introduction of mandatory e‑invoicing and e‑reporting for VAT registered...
SEE MORE
LATEST NEWS
Spain confirms new timeline for the introduction of...
The Spanish Council of Ministers recently approved a Royal Decree mandating the use of electronic invoicing in all business-to-business (B2B) transactions...
SEE MORE
LATEST NEWS
EU member states push for the introduction of a €2...
The EU Council are currently negotiating the introduction of a €2 customs handling fee on low‑value imports (under €150), with an initial start date of...
SEE MORE