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Your VAT example is wrong. You would not reach minimum thresholds for VAT compliance on the basis in a single sale of a digital good into a foreign country.
by gamblor956 6y ago
Your VAT example is wrong. You would not reach minimum thresholds for VAT compliance on the basis in a single sale of a digital good into a foreign country.
- jimkleiber 6y agoAhh, thank you! Good point. I’ll change my rhetoric on this. I just checked the minimum thresholds and the lowest one I found in Europe was Finland at €10,000, with almost every country having a different threshold. So yes, unless it were a very expensive digital good, then one sale wouldn’t do it. I think the logic still applies, in that when I sell it here from my home in the US, I’m supposed to track and monitor who in which countries are buying how much and then stay up to date on all the tax laws of all those countries.