How does the reverse-charge mechanism work? The reverse-charge mechanism is a B2B tax maneuver that you need to know, especially if you’re selling digital products around the world. It’s a common practice in VAT and GST schemes, where the consumption tax is added step-by-step throughout the production process.
And since this is a key part of digital tax compliance, we’ve laid it all out for you. What is the reverse-charge mechanism? How does it work, why do so many countries use it, and how can you use it properly? We gotcha covered. Read more…
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