- Amazon VAT Services Program for Online Vendors is ending
- Compliance/advisory subscription package known as Amazon VAT Services will cease to exist
- Compliance services transferred to external service providers, with Avalara being the leading provider
- Online vendors can benefit from Amazon VAT Services until October 31, 2024
- VAT compliance requirements will be transferred to vendors or their chosen service provider starting November 1, 2024
- Impact on entire community of Amazon users
- Online vendors need to find new service providers to manage tax obligations in multiple countries
- Chosen service provider needs time to submit mandatory documentation to tax authorities
- Online vendors should be cautious when choosing service provider to avoid high penalties
- Online vendors relying on Amazon VAT Services compliance program must find new service providers
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.
