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German Cabinet Approves Draft Law to Make Online Platforms Liable for VAT Obligations of Sellers

|Proposed Changes|Germany
Germany

The German Federal Cabinet has announced its approval of a draft law that would make online platforms like Amazon and eBay jointly liable for VAT obligations of sellers using such platforms to sell into Germany. According to a separate release from the Ministry of Finance, the draft law requires online platforms to track and collect information on all third-party sales to German residents and provide this information to the German tax authority. Online platforms will be held liable for any …

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