View Issue Details
|ID||Project||Category||View Status||Date Submitted||Last Update|
|0003062||Composr||ecommerce||public||2017-02-03 14:46||2017-02-03 15:15|
|Reporter||Chris Graham||Assigned To|
|Fixed in Version|
|Summary||0003062: Sales tax: entering of VAT numbers in the EU|
|Description||For businesses operating out of the EU, the VAT system applies.|
This is subtly different from sales tax in most other countries. It's a consumer tax, businesses don't pay it per se, so long as they are registered and operate the system for the government. Businesses charge VAT to customers, get effective-rebates on VAT they paid, or can avoid paying VAT altogether by giving their VAT number when making a purchase.
Currently we don't support business customers putting in a VAT number to avoid paying. If we do this, we should verify the VAT number given (http://ec.europa.eu/taxation_customs/vies/), then we log it all and zero out the tax.
Not supporting this system is not a big deal for most customers, as the businesses customers get their effective-rebate anyway when they do their VAT return.
|Tags||No tags attached.|
|Time estimation (hours)||12|