Amazon and eBay to be held liable for VAT fraud by sellers
by Simon Bowers from Technology | The Guardian on (#17A3Y)
Chancellor George Osborne gives tax inspectors new powers to warn overseas sellers active in UK
Amazon and eBay are to be held liable, in some cases, for VAT fraud committed by a growing army of overseas sellers using their websites - and costing Britain hundreds of millions of pounds a year in lost tax receipts.
The chancellor is giving tax inspectors new powers to warn high-risk overseas sellers active in the UK through eBay and Amazon. If, after those warnings, sellers do not correctly collect VAT within 30 days, eBay and Amazon can be held liable for the missing tax.