Chennai: Over the past several years, an onslaught of significant VAT legislative changes has further burdened businesses selling into and throughout Europe, said Avalara.
It said businesses navigating the compliance complexities of global trade are seeking integrated solutions to keep pace with changing rules.
“The new EU ecommerce reforms have far-reaching impacts on international and domestic sellers doing business in Europe,” said Kevin Permenter, research manager, IDC.
Avalara, a provider of cloud-based tax compliance automation for businesses, has announced updated products to help businesses comply with new value-added tax (VAT) rules for ecommerce in the EU that went into effect 1 July, 2021.