The EU changes VAT-regulations regarding online downloads (e.g. e-books, digital services, etc.) and the change will be effective starting 1/1/2015.
Is there a chance that MarketPress will be able to handle the new regulations, which are relevant for all European, but also all non-European sellers, selling digital products to EU-customers (not businesses and b2b transactions)?
The applicable VAT for each sale from January 2015 on is the VAT of the customer and no longer of the seller and has to be shown accordingly to the potential buyer.
At the moment I am planning to go offline with my directly downloadable products I offer via MarketPress on my website, when the new VAT-regulations take effect on the 1st of January 2015.
Thank you very much for your kind help.
With best regards,