Brexit causes VAT changes for US creators
Longtime readers of Webcomics.com may remember a certain fiasco called VAT-MOSS. In 2014, the European Union (EU) changed the way Value-Added Tax (VAT) is applied to digital goods. And its rules affected not only member countries, but countries outside of the EU as well. So, if you were selling digital goods (ebooks, music, apps, etc.) to someone who lives in the EU, the business — not the consumer — was responsible for the collection and remittance of the necessary VAT. This, of course, was a reversal from traditional VAT collection, which placed the burden on the consumer (if at all).The content you are trying to access is only available to members.