Potential repercussions of the new VAT regulations

As of January 1st VAT laws changed in the EU. Prior to 2015 VAT was applied in the country where the product was sold. However, laws have changed and now EU VAT will be charged in the country where products are bought. This legislation applies to digital products only, i.e. downloads, online courses and e-books.   The reason for this new tax law is to try and crack down on major corp… Continue Reading