Digital services providers have global VAT and GST obligations
24 May 2023| CATEGORIES: e-Commerce, VAT, VAT registration| TAGS: digital services, e-commerce, ESS, GST, VAT
The trend for businesses to provide services digitally or online has accelerated significantly in recent years, particularly following the COVID pandemic. The Value Added Tax (VAT) and Goods and Sales Tax (GST) compliance obligations of businesses providing digital or electronically supplied services (ESS) are increasing. Tax authorities increasingly require overseas businesses to register for and charge local VAT/GST on their B2C supplies of ESS.