VAT (Value Added Tax)
What is a VAT-Tax?
The Value Added Tax, or VAT, is a general, broadly based consumption tax assessed on the value added to goods and services. It applies more or less to all goods and services that are bought and sold when shipped to a foreign country (foreign to the USA).
Click Here for the latest news regarding the UK 2021 VAT Rules.
Do I need to charge my customer for VAT?
Not usually, because if the customer is charged the tax, they pay it when the receive the package. This is changing for the UK and possibly the EU. See this update.
Will my customer be charged for vat?
Possibly, depending on the country. However, the charge should be low. CDs and DVDs are potentially subject to Customs Duty or VAT Taxes in the destination country.
Should I tell my customer about vat?
Yes. It is advisable to mention in your listing that International buyers are responsible for all Customs Duty or VAT Taxes assessed by their country.
How much will my customer have to pay in vat taxes?
It varies by country. Our postage label has an integrated customs form which specifies the low value of $5.00 per item (with a maximum of $19.95). This usually means the customer will pay little or no tax with these possible exceptions. For the best current information, Google "vat tax by country". Click here for an example search result from uscib.org.
How does a foreign nation know how much to charge my customer?
Our postage label has an integrated customs form which specifies the low value of $5.00 per item (with a maximum of $19.95). This usually means the customer will pay little or no tax with these possible exceptions.
Do I have to fill out the customs form?
No, The TrepStar postage label contains the integrated customs form.