- Amazon has introduced new invoicing rules for European online vendors
- Service providers will now be responsible for invoicing, changing how tax is collected and reported
- Amazon EU will have branches in nine different countries for invoicing and disbursement
- Online vendors in these countries will pay tax on Amazon fees upfront
- Vendors can reclaim this tax through a domestic return
- Disbursement structure will change for vendors in these countries
- Vendors outside these countries will not experience any changes in disbursement
Source: 1stopvat.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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