The German Government plans to tighten rules on online retail
The German Government would tighten the rules of online retail sales to curb tax evasion. It is planned that the operators of the marketplaces will be responsible for making traders pay the sales tax – the German newspaper Süddeutsche Zeitung wrote on Tuesday.
The new bill would go into effect as early as January 2019 and will be first discussed by the German cabinet on Wednesday.
Germany’s tax authorities estimate that they lose a high triple-digit million figure each year, mainly resulting from traders outside the European Union which pay too little or no sales taxes on online transactions. (MTI)
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