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How to pay VAT tax on Amazon Europe each quarter?

The Amazon platform is a cross-border e-commerce platform and needs to pay taxes. Amazon currently has 5 national sites in Europe, including the United Kingdom, Germany, Spain, France and Italy. The VAT tax points of each site are 20%, 19%, 21%, 20% and 22% respectively. This article will take a look at how Amazon European Station VAT pays tax every quarter? 1. What is Amazon European Station VAT? The European Union will collect VAT value-added tax on all goods and services throughout the EU. This is known as a transaction tax, which is paid every time value is created. Including material supply manufacturers, wholesalers and retailers, as well as consumers. This tax is of great concern and importance to the local tax authorities because it can generate revenue for the government. EU tax authorities are keen to find non-compliant online merchants. Moreover, the European Union is constantly making new legislation, which online sellers have to pay attention to. Sellers need to know that as long as they sell products on Amazon, they need to pay VAT. If you do not pay VAT, you will have no right or qualification to defend yourself once discovered. If the seller does not understand VAT or fails to calculate it correctly, it will have a great impact on the seller. For delays in paying VAT, the tax authorities will impose corresponding penalties and charge interest, which can be as high as 400% of the VAT owed. 2. How often does Amazon Europe declare VAT? Germany and France report monthly, that is, once a month; the United Kingdom and Spain report once a quarter, that is, once every three months; Italy can choose quarterly or monthly reports, and quarterly reports are Declarations are required once every three months and monthly reports are required once a month. 3. How to declare VAT tax on Amazon Europe every quarter? Under normal circumstances, when the declaration period comes every quarter, J&P’s customer service will remind sellers in advance to prepare relevant declaration materials, including business license, legal person ID card, input receipts and sales data. Wait, submit these materials to the customer service staff, and after J&P Europe's accountants calculate the taxes, they will proceed with the tax declaration. Then the seller only needs to pay the tax to J&P, and the accountant will pay the seller's tax to the local tax bureau's bank account; if there is a tax refund, the tax will be refunded to the seller's VAT account as the deduction amount for the next declaration. The above is the answer compiled by Lianlian Cross-Border Payment on how to pay VAT tax on Amazon Europe every quarter. I hope it will be helpful to you.