Completing a ec sales list. the ec sales list requires information about your company and the sales that have been made to vat registered businesses in other eu countries.. Help. i don’t understand eu vat! posted november 25, 2015 - filed under blog.. there are few things that strike more fear into my heart than eu vat, apart from perhaps spiders.. 31 comments (oldest first) laura treacher. hello, i am not registered for vat as my business turnover is not high enough. i currently buy stock from italy and pay the italian rate of 20%..
The european union value added tax (or eu vat) is a value added tax on goods and services within the european union (eu). the eu's institutions do not collect the tax, but eu member states are each required to adopt a value added tax that complies with the eu vat code.. A value-added tax (vat), known in some countries as a goods and services tax (gst), is a type of tax that is assessed incrementally, based on the increase in value of a product or service at each stage of production or distribution.. Additional tools ; vies vat number validation. you can verify the validity of a vat number issued by any member state by selecting that member state from the drop-down menu provided, and entering the number to be validated..