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How would the EU enforce VAT requirements on an online business based in the U.S.? If I have an online business in the US and no presence in the EU and no inten
by aianus 11y ago
How would the EU enforce VAT requirements on an online business based in the U.S.? If I have an online business in the US and no presence in the EU and no intention to ever go to the EU, I don't have to charge VAT, right?
- JoshTriplett 11y agoCorrect. In theory if the project grew large enough (as in "billion-dollar industry"), the EU might start attempting to control it or block it, or attempt to regulate transactions involving it under the auspices of import/export/tariffs, but in general the EU (or any non-US company) has no jurisdiction to impose taxes on a US company. (Nor does the US have jurisdiction to impose taxes or regulations on an EU company, for that matter.)
- deleted 11y ago[deleted]
- deleted 11y ago[deleted]
- bluecalm 11y agoEU thinks you have to pay VAT if you sell to European countries of course (otherwise it would be unfair competition vs European businesses) by means of VATMOSS but I am not sure if they have any way to enforce or if they could have any kind of jurisdiction over you.