Coping With VAT: EU's New eCommerce Tax
The EU VAT directive has caused significant controversy amongst developers and online software registration services. Part of the confusion has comes from the vagueness in the directive and questions with regards to the jurisdiction that the EU has over the US to enforce its policies. The implementation has skewed the playing field in favor of EU companies, while putting a significant burden on US businesses that do not benefit from the tax.
Directory:
> News > Security News
Date: 2003-10-23
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eCommerce's VAT Nightmare
As many of you are aware, changes have been made to VAT taxes by the European Union. These changes go into effect July 1, 2003. Most people don't really care a whole lot, but simply want to know how the changes will affect them and their business.
Directory:
> News > Security News
Date: 2003-10-23
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