Value Added Tax news and trends

VAT4U Adds AI-Powered Capabilities to VAT Management Platform
artificial intelligence // October 24, 2024

VAT4U has added generative artificial intelligence (AI)-powered capabilities to simplify value-added tax (VAT) processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
Retail // October 24, 2022

Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely dependent on Chinese and other international customers now subject to a 20% tax on purchases.  Get the Full Story Complete...

Mexico To Tax Digital Services From Other Countries
B2B Payments // February 14, 2020

Mexico passed a law this week that taxes digital services from other countries, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

UK Says Its Losing More Than $1B Thanks To Fraud, Errors On eBay, Amazon Marketplaces
International // April 20, 2017

The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces of eBay and Amazon, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Quick Reads
Proposed EU Customs Reform Increases Online Platforms’ Responsibilities for Imported Goods

February 02, 2025
A proposed customs reform in the European Union would reportedly shift the responsibility of being an importer from individuals who purchase goods online to the online platforms that sell them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]

VAT4U Adds AI-Powered Capabilities to VAT Management Platform

October 24, 2024
VAT4U has added generative artificial intelligence (AI)-powered capabilities to simplify value-added tax (VAT) processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

UK Says Its Losing More Than $1B Thanks To Fraud, Errors On eBay, Amazon Marketplaces

April 20, 2017
The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces of eBay and Amazon, reported...