Audio Blog: EU E-Commerce VAT Package: All Wrapped Up in 5 minutes

April 20, 2021

Sovos

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Sovos

This blog was last updated on September 2, 2021

EU VAT E-commerce VAT package: the basics

The European Union’s VAT e-commerce package is scheduled to come in to force 1 July 2021 to reduce admin burdens and increase efficiency. Your business needs to assess it’s current processes to determine how the changes will affect you. In this episode of the Sovos Expert Series, Andy Spencer, direct of consulting services at Sovos guides you through the foundations of the EU VAT e-commerce package and what businesses should be considering in terms of:

How OSS’ aim to simplify VAT administration
Whether OSS will benefit your business
How to prepare your business for these changes

Sovos

Sovos is a global provider of tax, compliance and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes. More than 100,000 customers in 100+ countries – including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than three billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates.

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