Exploring The EU VAT E-Commerce Reforms [Forbes]
Avalara, Inc. (AVLR)
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Source: Forbes
Shopping online concept - Shopping service on The online web. with payment by credit card and offers... [+]home delivery. parcel or Paper cartons with a shopping cart logo on a laptop keyboardgettyLiz Armbruester, Avalara's senior vice president of global compliance, discusses the recent EU VAT e-commerce reforms and their impact on businesses and consumers worldwide.This transcript has been edited for length and clarity.David D. Stewart:Tax Notes Today InternationalOn July 1 the European Union's sweeping reforms to the value added tax took effect. The changes, which most notably affect online purchases in some EU member states, were delayed six months due to the COVID-19 pandemic.How are businesses in the EU reacting and adjusting to these new VAT rules? How will the reforms affect customers in both Europe and the United States?Here to talk more about this isKiarra Strocko:MORE FOR YOUThe Advance Child Tax Credit: What Lies AheadMoving Avoids California Tax? Not So FastOpting Out Of
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