View Issue Details
ID | Project | Category | View Status | Date Submitted | Last Update |
---|---|---|---|---|---|
3062 | Composr | ecommerce | public | 2017-02-03 14:46 | 2017-02-03 15:15 |
Reporter | Chris Graham | Assigned To | Guest | ||
Priority | normal | Severity | feature | ||
Status | new | Resolution | open | ||
Summary | 3062: Sales tax: entering of VAT numbers in the EU | ||||
Description | For businesses operating out of the EU, the VAT system applies. This is subtly different from sales tax in most other countries. It's a consumer tax, businesses don't pay it per se, so long as they are registered and operate the system for the government. Businesses charge VAT to customers, get effective-rebates on VAT they paid, or can avoid paying VAT altogether by giving their VAT number when making a purchase. Currently we don't support business customers putting in a VAT number to avoid paying. If we do this, we should verify the VAT number given (http://ec.europa.eu/taxation_customs/vies/), then we log it all and zero out the tax. Not supporting this system is not a big deal for most customers, as the businesses customers get their effective-rebate anyway when they do their VAT return. | ||||
Tags | No tags attached. | ||||
Attach Tags | |||||
Time estimation (hours) | 12 | ||||
Sponsorship open | |||||
Date Modified | Username | Field | Change |
---|---|---|---|
2017-02-03 14:46 | Chris Graham | New Issue | |
2017-02-03 15:15 | Chris Graham | Description Updated |