V
Oldschool DMC fan
Posting it here, I know a few artists here, writers, and the site itself may be affected. Read and sign the petitions, this law needs pulling and rethinking.
****On Jan 1, 2015 new EU VAT (consumer tax) regulations mean that any business selling digital services/products to EU customers must charge tax at the local rate for the purchaser’s country. A USA business must determine & verify the purchaser’s country, store their personal details for 10 years, & establish, charge and remit to that country’s authorities the appropriate VAT. There is no minimum threshold to exclude micro businesses. Not only is the procedure, bureaucracy & changes to website payment processing too onerous & expensive for some businesses to absorb while remaining viable, but the regulations are inadequately detailed, poorly explained & may be applied differently in separate EU countries.****
Published Date: Dec 22, 2014
this will affect many artists, writers, designers etc and the world over, please spread the word about this law and if you can, sign the petition to show our opposition as sole traders and small earners against the problems it will cause for our kinds of businesses. Currently it applies to 'digital goods' but the EU plan to expand it to ALL goods as well shortly. Even if you don't live in the EU, this law is likely to affect YOU. Please sign and spread the word.
Petition for those in the USA: https://petitions.whitehouse.gov/pe...ion-new-eu-vat-laws-micro-businesses/VH1P82X0
https://petitions.whitehouse.gov/pe...ion-new-eu-vat-laws-micro-businesses/VH1P82X0
Petition for those in the EU: https://www.change.org/p/pierre-moscovici-a-unilateral-suspension-of-the-introduction-of-the-new-eu-vat-laws-for-micro-businesses-and-sole-traders
****On Jan 1, 2015 new EU VAT (consumer tax) regulations mean that any business selling digital services/products to EU customers must charge tax at the local rate for the purchaser’s country. A USA business must determine & verify the purchaser’s country, store their personal details for 10 years, & establish, charge and remit to that country’s authorities the appropriate VAT. There is no minimum threshold to exclude micro businesses. Not only is the procedure, bureaucracy & changes to website payment processing too onerous & expensive for some businesses to absorb while remaining viable, but the regulations are inadequately detailed, poorly explained & may be applied differently in separate EU countries.****
Published Date: Dec 22, 2014
this will affect many artists, writers, designers etc and the world over, please spread the word about this law and if you can, sign the petition to show our opposition as sole traders and small earners against the problems it will cause for our kinds of businesses. Currently it applies to 'digital goods' but the EU plan to expand it to ALL goods as well shortly. Even if you don't live in the EU, this law is likely to affect YOU. Please sign and spread the word.
Petition for those in the USA: https://petitions.whitehouse.gov/pe...ion-new-eu-vat-laws-micro-businesses/VH1P82X0
https://petitions.whitehouse.gov/pe...ion-new-eu-vat-laws-micro-businesses/VH1P82X0
Petition for those in the EU: https://www.change.org/p/pierre-moscovici-a-unilateral-suspension-of-the-introduction-of-the-new-eu-vat-laws-for-micro-businesses-and-sole-traders
