Effective July 1, 2021 the European Union has updated its value added tax collection requirements for e-commerce sellers. These rule updates concern all sellers making remote business to customer sales in the EU, whether from an EU member state or from another country.
Selling Abroad? July 1 Sales Tax Changes in Canada and the European Union You Should Know
Get the details on big changes effective in both Canada and the European Union as of July 1, 2021 to adapt and modernize tax regimes in light of the global e-commerce landscape.
VAT Terminology 101
Do you speak VAT? You know, Value Added Tax! Here in the U.S., sales tax is the name of the game, but in most countries around the world, VAT (or GST, IVA, TVA, IPI, ICMS, ISS among other acronyms) is…
Surprising Tax Facts About Doing Business in Canada
Canada’s tax system operates in a very different fashion from the U.S. There are many reasons why taxpayers need to understand these differences and how Canada operates in regard to taxes.
Are You Fluent in VAT?
The way that sales tax works in the United States is very different from how Value Added Tax (VAT) works.