Hi all, hope someone can help me, I’m trying to work through this with our accountant but don’t feel like I’m getting a satisfactory answer.
So, I’m registered for Amazon Business and VAT registered throughout Europe.
A number of sales are zero rated by Amazon (mainly B2B but also some none business B2C sales which I don’t quite understand, but anyway), both FBA and FBM orders.
So, for a zero rated sale to Italy, let’s say 100 EUR who is paying the VAT to the Italian authorities? Is the customer asked to pay the 20 EUR VAT by Amazon or am I expected to pay the 20 EUR VAT and then the customer reclaims on his side? Or am I reporting as a gross sale to the Italian authorities and paying 16.7 EUR to them (I don’t think it’s this one, but that’s what is currently happening…).
One more thing, the new E-invoicing system in Italy (sending digitally signed XML invoices from a government issued email account), my assumption is that this is only needed for Italy based businesses, but does having an Italian VAT registration / holding stock in Italy (FBA) trigger the need for this? Or does Amazon as the retail agent take on all responsibility for this?
thanks, hope someone can help me resolve this