How to pay Amazon's European VAT tax? How to declare VAT?

How to pay Amazon's European VAT tax? How to declare VAT?

To open a store on Amazon Europe, merchants need to register for EU Value Added Tax, or VAT, and ensure normal VAT declarations and normal sales of goods. So how do you pay Amazon Europe VAT tax? Let us explain this to you below.

1. Select the VAT that needs to be paid on the official website platform;

2. Select a country with an existing tax number and upload the sales report of your own products (the file supports .csv, .xls, .xlsx, and .txt formats). If there are deduction items on the platform, click [Add deduction items] and fill in the required content. If there are no deduction items, please ignore it. After confirmation, click [Start tax calculation] and the tax calculation result will jump to the tax bill details page in real time;

3. On the tax bill details page, merchants can clearly see the tax details of each item they sell, and pull down the tax calculation window to select whether to declare taxes in the current country for the "portion within remote sales". After confirming that the total tax amount is correct, you can submit the system to send the declaration data to the tax bureau system. Note: If the calculation result needs further confirmation, you can click [Save] and submit the declaration after confirmation.

How to declare Vat?

There are two ways to declare VAT formally:

1. Zero declaration: If the seller does not sell goods in a country that requires declaration during a declaration period, he or she can choose zero declaration.

2. Normal declaration: If the seller has sales business in a country that needs to declare during a declaration period, normal declaration should be selected.

Please note that you cannot directly choose zero declaration after withholding. You still need to upload your sales normally. The system will help you calculate your payable taxes. If you have paid all the taxes, the system will identify and display your payment amount as 0 yuan. Don't worry. However, it should be noted that zero declaration is not the same as normal declaration and payment of 0 tax.

Merchants who open stores on Amazon must pay VAT and declare it in time, otherwise they will not be able to enjoy import VAT refunds, their Amazon accounts will not be able to make any sales, and they may even face huge fines! Well, today's sharing ends here. I hope this article can help you!

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