HMRC backs tax-paying retailers by ramping up pressure on websites facilitating VAT fraud
The UK’s tax office has asked all online marketplaces to sign an agreement to confront online VAT fraud committed by sellers on their platforms.
The agreement would place greater accountability on platforms such as eBay, Facebook and Amazon make to tackle non-compliant businesses, introducing a number of commitments.
Those that sign up would be obliged to educate online sellers in Britain and abroad about VAT obligations, respond quickly to HMRC requests and take appropriate action, and find ways to inform HMRC of seller information.
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