Amazon Germany Site Seller: Haven't You Pay the VAT Tax Yet?
In the past two days, many sellers' funds have been frozen, the account has been sealed because of the VAT investigation.
If you are still entangled in the previous thought that if you still can use FBA in Germany because you did not pay tax, then you have already been the "fish" in kitchen table, because the German IRS has been acted!
The seller can not delivery goods to Germany by using other countries' FBA , the approach that declare the German tax approach by using the British VAT will no longer apply! The funds and account of sellers checked this time will be unlocked untill the Germany VAT compliance.
All German sellers, no matter how much sales, must be equipped with a German tax code, full compliance VAT is an unavoided problem.
From the introduction of the VAT policy to the urging of the British VAT. Almost all sellers are cursory, wait and see. The actions of German station recently no doubt gave the seller a strong medicine, and perhaps later, the seller should pay more attention to the VAT issue.
How will the investigated sellers do?
From the e-mail, for the sellers who is failure to pay German tax on the station will face many problems:
①can not send FBA to Germany;
②can not use FBA delivery of other countries to send goods to Germany; the goods in Germany warehouse can not be removed; the most serious is that funding is frozen.
③The frozen funds may be the total sales of last billing cycle plus the current sales, there are sellers have been prepared to relocate accounts.
But if you want to pay back the VAT tax, the seller who have good sales in Black Friday and Cyber Monday may be panic, after all, using the 16.7% of historical sales to pay taxes, the seller's profits for a year will have been drained, or even loss money!