If you sell digital products overseas, the European Union (EU) has passed updates to the VAT tax that will affect you and your accounting. If you are unfamiliar with the VAT, here’s a down and dirty overview. VAT stands for Value Added Tax. In this system of taxation, goods and services are taxed at each step…
#003: Unpacking the VAT Tax for 2015
In this episode, we unpacked the VAT tax for 2015 and explained what it is, and what you, as a business owner, need to do.