Changes to Value-Added Tax Make Subscription Sales More Cumbersome in Europe
When selling digital subscriptions to European-based customers, it’s important to know the intricacies of the Value-Added Tax, a special tax intended to reap revenues from print newspapers and magazines, but an archaic, cumbersome system for digital publishers. And the system is about to get even more complicated. Starting in January 2015, the European Union wants digital publishers to collect VAT based on where customers are purchasing wares. (The actual percentage amount of VAT that’s to be collected varies…
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