Mexico passed a law this week that taxes digital services from other countries, according to a report. A 16 percent value-added tax (VAT) will be tacked onto digital services starting on June 1 of this year. The law will apply to all services, even B2B...
The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces of eBay and Amazon, reported Reuters. The report, citing the National Audit Office (NAO), reported that the NAO said sellers...
April 20, 2017
The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces of eBay and Amazon, reported Reuters. The report, citing the National Audit Office (NAO), reported that the NAO said sellers who are committing the fraud are often located in China […]
