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Comment on London’s tech sector is under threat from EU VAT reformsparent

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Everybody I talked to in Germany was complaining about the new regulations -- it's a PITA for every single online retailer and shop system vendor.

New rules will be in effect on Jan 1st and even accountants are still fuzzy on the details (fiscal authorities are still dragging their feet on providing implementation guidelines).

It's quite a challenge, and the administrative overhead is significant, particularly for SMBs (which fuels the existing notion that EU legislation tends to favor big companies).

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