2021 EU VAT rules – what eCommerce businesses need to know
While the EU has standard rules on VAT for eCommerce businesses, they may be applied differently in each country—and cross-border eCommerce only complicates matters as it requires online traders to register for VAT in each of the member states in which they sell goods. That’s why the EU recently adopted new rules to make it easier for online businesses to comply with VAT obligations. These regulations have started coming into play.
Peter Boerhof is the VAT Director for Vertex. In his role he provides insight and thought leadership regarding the impact of tax regulations, policy, enforcement and emerging technology trends in global tax. Peter has extensive experience in international transactions, business restructuring, tax process optimisation and tax automation. Prior to joining Vertex, Peter was responsible for leading the indirect tax function at AkzoNobel. He holds an MBA from Rotterdam School of Management and a masters in tax law from the University of Groningen.