Tax
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E-Commerce VAT
Taxmen is the one-stop-shop provider of VAT registration and compliance services for e-commerce in all the European jurisdictions under the EU distance selling scheme and outside the EU. Taxmen enables online stores to avoid lengthy and risky searches for tax firms in every single jurisdiction. Registration and filing services are subject to convenient, flat rates.
For instance: if a German e-commerce merchant needs to register for VAT in Austria, France and Spain, Taxmen will complete the VAT registration process on behalf of the merchant and carry out all the subsequent periodical VAT filings.
Outside the Information Technology sector, VAT registration may also be mandatory for companies supplying training services, services relating to immovable properties, yacht chartering or leasing and other services in states other than that of establishment, within or without the EU. Our team and network is participated only by qualified lawyers and chartered accountants. -
Green Dot
Taxmen is the one-stop-shop provider of registration and compliance services enabling e-commerce stores to report and pay the mandatory financial contributions for packaging recovery imposed by most EU states pursuant to the European Packaging and Packaging Waste Directive 94/62.
Indeed, most EU states call for foreign online B2C stores introducing parcels in their territory to pay periodical fees for packaging disposal purposes to qualified recovery organizations, regardless of the amount of goods sold in the territory.
It is the case of Eco-Emballages in France, Der Grüne Punkt in Germany, Ecoembes in Spain and other local bodies.
Our company can help businesses to register with the local authorities, determine the contributions due and submit the periodical returns on behalf of the client. Registration and filing services are subject to convenient and flat rates. -
Intellectual Property (IP) Box Regimes
Most EU states have already adopted tax incentives to promote R&D activities for the development of IP
(copyrighted software, patents, formulas, designs, models, know-how, etc.).
Usually, the IP Box systems offer a reduced corporate income tax rate for income derived from the commercial exploitation of intellectual property (to make an example, revenues generated through the licensing of software).
Taxmen supports digital businesses in the process to qualify for IP Box incentives and to interact with local tax authorities to determine the size of the tax incentive. -
Customes Duties & Import Taxes
Cross-border e-commerce shipments are subject to import customs clearance procedures and to the levy of customs duties and import taxes (where applicable). Usually, customs regulations for e-commerce shipments differ from those concerning general business-to-business shipments. For instance, some countries do apply a small consignment exemption on low value e-commerce parcels.
In general, due to the constant growth and development of global e-commerce, domestic and international customs regulations change very frequently (it is the case of the current reform in China).
An important aspect concern product returns. As a matter of fact, unless merchants set down suitable procedures for the return of products by overseas customers, returns can lead to the unnecessary and costly application of customs duties on re-imported goods. Taxmen advises businesses to:
- Determine all the documentation required by law to accompany parcels through Customs and any other relevant regulatory aspects to import products to a specific Country;
- Pre-assess the amount of customs duties due on future inbound/outbound shipments;
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WEEE for Eletronic Products
Taxmen is the one-stop-shop provider of registration and compliance services enabling electric and electronic retailers to report and pay the mandatory fees for the recovery of waste electrical and electronic equipment (WEEE) imposed by most EU states pursuant with Directive 2012/19/EU Online stores delivering electric/electronical products (for instance, household appliances) to consumers in Europe are often required by law to register with national waste collection systems and fulfil take-back obligations in the state of product delivery.
Regretfully, registration and compliance with WEEE regulations must take place separately in each EU state. Taxmen offers a one-stop-shop WEEE registration and compliance service in all Europe as a cost-effective solution for electrical retailers to carry out the following activities:
- Registration to the local scheme in each concerned EU state;
- Allocation of each product to one or more of the 100+ different national reporting categories;
- Filing of periodical put-to-market returns;
- Filing of periodical put-to-market returns;
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Wine E-commerce
Online trade of beer, wine and spirits is increasing year after year in Europe and a growing number of non-EU markets are opening to a larger wine trade.
However, the current European regulatory framework makes cross-border retail of alcohol products rather uneasy.
Already partnering with important wineries, retailers, logistical and warehouse operators all through Europe, Taxmen holds the right skills to advice new or established online wine stores on matters related to excise duties, VAT and packaging charges. -
Sales Taxes
Various non-EU states levy sales taxes on online sales, including the United States of America and Canada.
In the past, sales taxes were applied only if the merchant held a physical presence (offices, warehouses, agents, etc. – the so-called “nexus”) in the state where the sale took place; nowadays, instead, many U.S. states apply sales taxes under a “click-through” system, that is when the merchant acknowledges sale commissions to a publisher residing in that State and a minimum yearly commission threshold is reached.
Hence, it is necessary for European online stores to assess whether they are liable to apply sales taxes on their overseas sales. Taxmen can support online stores in complying with foreign sales taxes regulations.
