Starting on January 1st, yes last month, new E.U. tax regulations require that VAT (Value Add Tax) no longer be based on on your location, but the buyer’s location, not just for tangible goods, but for digital ones as well. There are a lot of questions out there about these New VAT regulations, so we are going to try and give you some of the important information that you should know if you are outside of the E.U.(If you live inside the E.U. you are likely already good to go, or a tax expert in your area should be able to help you out.
- I do not live in Europe, do I have to charge and collect VAT?Actually, even if you do not live in the European Union you are still suppose to collect this tax on all your sales to buyers living in the E.U.
