VAT news tagged as "Intermediaries"

South Korea

South Korea e-service foreign intermediaries VAT liable

June 25th, 2016

The South Korean tax office has ruled that non-resident online market place intermediaries are liable to collect VAT on e-services provided to consumers. This obligation is triggered where the intermediary receives the consumer payment on behalf of the service provider. South Korea introduced the obligation for non-resident digital services providers to register and charge 10% …