GoFuckYourself.com - Adult Webmaster Forum - View Single Post

m0rph3us · 05-27-2003, 07:45 AM

I think the EC has been spending a little too much time in Amsterdam. I know this has been posted before but it really seems that it's for real

http://www.tax-news.com/asp/story/st...toryname=12027

All companies based outside the EU which sell digital products into the EU will need to become compliant with the EU's Directive on the Taxation of Digital Sales; for companies with a significant volume of sales to individuals and unregistered traders, it will be necessary to register for VAT in one or more EU member states.

This is severly flawed. It will drastically separate the markets. Some if not most US and worldwide merchants will opt to simply stop taking EU orders digitally forcing the market to move to EU merchants. This will fuck the EU customers in the ass.

July 2003 lol. That's 1 month to implement, register and get ready to collect and pay up VAT.

Good luck with this EU. Really.

05-27-2003, 07:45 AM
m0rph3us Confirmed User Join Date: Mar 2001 Location: Principality of Sealand Posts: 2,033	Online tax: Is Europe on crack? I think the EC has been spending a little too much time in Amsterdam. I know this has been posted before but it really seems that it's for real http://www.tax-news.com/asp/story/st...toryname=12027 All companies based outside the EU which sell digital products into the EU will need to become compliant with the EU's Directive on the Taxation of Digital Sales; for companies with a significant volume of sales to individuals and unregistered traders, it will be necessary to register for VAT in one or more EU member states. This is severly flawed. It will drastically separate the markets. Some if not most US and worldwide merchants will opt to simply stop taking EU orders digitally forcing the market to move to EU merchants. This will fuck the EU customers in the ass. July 2003 lol. That's 1 month to implement, register and get ready to collect and pay up VAT. Good luck with this EU. Really.