Pan-EU online sellers face risks like the distance selling thresholds and warehouse transfers. Moritz from Taxdoo presents solutions to deal with those risks.

1. VAT compliance for online sellers in the EU:
key risks and solutions
Dr. Moritz Lukas – Taxdoo GmbH
Smart E-Commerce Meetup #11 – Berlin, April 18, 2019
Winner, 2016 2nd Place, 2017Winner, 2017Audience Prize, 2017Top 50 Startups 2017

2. VAT for online sellers
A financial risk – which can be controlled!

3. Risk 1: distance selling thresholds
Germany France
19%
0€ 10.000€ 20.000€ 35.000€
20% 20%

4. Risk 1: distance selling thresholds

5. Risk 1: distance selling thresholds
Solution: threshold monitoring
Monitoring of distance selling
thresholds (DSTs) has to be
conducted …
… on a daily basis
… excluding VAT
… in local currency
Heterogeneous VAT rates
• More than 70 different rates in the EU
• Standard and reduced rates ranging
from 0% to 27%
Currency exchange rates
• Retrieval of daily rates
• Procedural differences between
countries
Challenges

6. Risk 2: warehouse transfers

7. Risk 2: warehouse transfers

8. Risk 2: warehouse transfers

9. Risk 2: warehouse transfers
Solution: pro forma invoices

10. Taxdoo automates VAT compliance

11. taxdoo.com info@taxdoo.com blog.taxdoo.com
Winner, 2016 2nd Place, 2017Winner, 2017Audience Prize, 2017Top 50 Startups 2017