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by xxs
3067 days ago
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>I could care less what EU law says
You need a way to sell to EU (if you wish to do business there). Digital services (say from US) do require EU VAT registration. If you don't have that and your country has tax agreement with the EU (or some countries from EU), there is a risk to be prosecuted. It won't happen if you get like 1000 customers in each country of the EU (as the latter has no global tax organization like IRS). Keep in mind also that if you have too much unexplained income your own tax authorities can investigate the case, incl. anti money laundering. Bottomline is: it's rather hard to sell services (lest goods), in cases where you non-compliant with the laws.
Internet is not a magic wand. |
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