Taxamo - EU VAT compliance
What Is Taxamo?
- Taxamo enables e-service merchants to outsource the development and the maintenance for B2C 2015 EU VAT change. Our platform will help you reduce manpower and costs to be compliant for the New EU VAT rules. In 3 steps we will have you compliant for the 2015 VAT changes.
- For any small to medium enterprise the most important change to the B2C EU VAT rules is the introduction of the Mini One Stop Shop (MOSS). The MOSS system has been incorporated into the EU tax system by the 2015 VAT Directive.
- Registration with the system is optional, but think of the alternative: dealing with up to 28 different VAT systems. The MOSS system will allow a business to make one VAT declaration per quarter covering all their EU sales.
- The country with which they register - called the Member State of Identification (MSI) - then distributes the relevant VAT to the other EU Member States. In addition, the New EU VAT rules mean that suppliers must prove where their end consumers are located and whether the sale is B2B or B2C.
- The rule change only cover B2C sales of digital goods. Suppliers need to provide two pieces of non-conflicting evidence as proof of their end consumer’s location. Acceptable evidence includes the customer’s billing address; IP address; bank details; fixed landline, or SIM card country code.
- It all adds up to an increased administrative load for businesses. For larger companies the workload may be absorbed in existing staffing levels but for some SMEs there may well be a need to look outside the business for compliance help and this is where taxamo.com comes in.
Services:
EU VAT compliance simplified
1) All EU supported
2) Simple API
3)Easy integration
Contact Us:
1 Library Place,
Killorglin, Co. Kerry
Ireland
