What is Amazon VAT?

Viewed 4

Is it only for European sellers? Seems that other regions do not require

1 Answers

Amazon VAT, that is VALUE ADDED TAX, is a value-added tax commonly used in European Union countries, that is, the profit tax on the sale price of goods.

When the seller sells the product into the UK, the product is subject to import duty, and when the product is sold, the seller can refund the import VAT and pay the corresponding sales tax on the sales volume.