Doesn't seem correct, at least for Holland. As far as I'm aware, as a seller in The Netherlands, you only have to charge VAT for buyers that are also in The Netherlands.
Too late to edit: I've only ever handled the B2B case, this seems to be specifically targeted at B2C.
Show HN: A REST API for Calculating VAT in the EU
61–70 of 118 posts
Re: Show HN: A REST API for Calculating VAT in the EU
#62Why do you guys continue to live with it instead of repealing or fixing it?
Re: Show HN: A REST API for Calculating VAT in the EU
#63Re: Show HN: A REST API for Calculating VAT in the EU
#64VAT just sounds like a huge, overcomplicated mistake by the EU. Why do you guys continue to live with it instead of repealing or fixing it?
Re: Show HN: A REST API for Calculating VAT in the EU
#65VAT just sounds like a huge, overcomplicated mistake by the EU. Why do you guys continue to live with it instead of repealing or fixing it?
Also, every EU member state already had VAT and already had differing rates and rules before joining the EU, so the complexity was already there.
Re: Show HN: A REST API for Calculating VAT in the EU
#66Re: Show HN: A REST API for Calculating VAT in the EU
#67VAT just sounds like a huge, overcomplicated mistake by the EU. Why do you guys continue to live with it instead of repealing or fixing it?
Re: Show HN: A REST API for Calculating VAT in the EU
#68That won't work in Ireland. While 23% is the headline rate, it's not the only rate: https://www.taxworld.ie/vat/summary/vat-rates/
There are variable rates almost everywhere, but this API is specifically about digital sales (where the MOSS system applies) so it will typically be that headline rate that you need anyway. Of course, there's no guarantee that that will always be the case, and to know for sure you need to understand the tax systems of 28 different EU member states. This is (one of many reasons) why the new EU VAT rules have been so c…
Re: Show HN: A REST API for Calculating VAT in the EU
#69VAT just sounds like a huge, overcomplicated mistake by the EU. Why do you guys continue to live with it instead of repealing or fixing it?
Well, corporate taxes and income taxes are already quite high in some countries (eg. Italy) and I'm not sure what other alternatives there are to VAT other than raising those two to compensate
There should be a single source of truth for the rates data, and there should be an api instead of having to rely on a third party for that information.
Re: Show HN: A REST API for Calculating VAT in the EU
#70VAT just sounds like a huge, overcomplicated mistake by the EU. Why do you guys continue to live with it instead of repealing or fixing it?
One of the things regulators want from a tax code is to stop large companies picking their jurisdiction to avoid sales tax, and therefore gain an unfair advantage. The MOSS is really annoying for microbusinesses, like musicians wanting to sell their album online, but compliance is easily handed off to an accountant for anyone working on such things full-time.