New 2021 VAT Rules Will Simplify Filing, but Complicate Calculation
Retail TouchPoints
DECEMBER 23, 2020
In 2021, businesses in the United States will face new VAT rules for selling to final consumers in Europe. The new rules broadly extend a 2015 VAT adjustment for certain sales of digital, telecommunications and broadcast services to include ecommerce goods. Thankfully, the EU decided to push the compliance deadline from Jan.
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