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Australian companies when selling to the EU have to collect and pay VAT. This seem only fair that those same EU retailers now must collect and pay GST? It woul
by Mao_Zedang 10y ago
Australian companies when selling to the EU have to collect and pay VAT. This seem only fair that those same EU retailers now must collect and pay GST?
It would make more sense if they just banned the stores ability to remit funds via the VISA/Mastercard (etc) networks.
- kbart 10y ago"Australian companies when selling to the EU have to collect and pay VAT." Unless there's a special deal between Aus and EU I've never heard of, then no. If you bought goods from outside EU, you pay VAT and import taxes (if applicable) at the customs. "If you buy goods for the purposes of your business from a supplier based outside the EU, you must generally pay VAT at the point of import"[1] 1. http://europa.eu/youreurope/business/vat-customs/cross-border/index_en.htm http://europa.eu/youreurope/business/vat-customs/cross-borde...
- Mao_Zedang 10y agoConsumers arent businesses. You are wrong. https://quaderno.io/blog/what-you-must-know-about-vat-if-you-have-customers-in-europe/ https://quaderno.io/blog/what-you-must-know-about-vat-if-you...
- kbart 10y agoNo, your link only talks about digital goods, that are exemptions. Of course, you can't pay VAT for digital goods (subscriptions, ebooks, mp3 etc.) on arrival, because there's no shipping and thus customs are avoided, so VAT must be included in sale's price. Here's information regarding buying from non-EU countries for individuals[1] and it clearly states: "As soon as you buy a product from a non-EU country, then effectively you become an importer and become liable to Customs and Excise Duty as well as Value Added Tax (VAT) payments." 1. https://ec.europa.eu/taxation_customs/individuals/buying-goods-services-online-personal-use/buying-goods/buying-goods-online-coming-from-a-noneu-union-country_en https://ec.europa.eu/taxation_customs/individuals/buying-goo...