[ad_1]
New challenge for the online trading giant.
According to the plans of the Federal Government, Amazon will in the future be responsible for merchants who sell goods via the platform but who pay no tax in Germany.
The Süddeutsche Zeitung reports
that Internet markets like Amazon and Ebay then record the data of their dealers so that the tax offices can check whether the VAT is paid or not. The bill is to be adopted Wednesday at the Council of Ministers.
Reason for legislative initiative: Asian traders distribute their goods especially through Amazon, but do not pay sales tax. According to the report of the SZ escapes the German treasury each year in revenue in the hundreds of millions.
Federal government plans could be really expensive for Amazon. If a dealer is caught in tax cheating, the US company will have to pay for the damage in the future.
[ad_2]
Source link