Changes to the European VAT Calculation Services methodology on Amazon

Effective June 9, 2023, Amazon will now have the option to use its own PTC when you are selling to an Amazon entity. To ensure you stay compliant and updated with these changes, I would recommend you to review the details provided on the Changes to programme policies page on Seller Central Europe. In this article, I will provide you with a brief overview and highlight the key points of this announcement.

Amazon has implemented modifications to the European VAT Calculation Services methodology and the way they utilize the Product Tax Code (PTC) for VAT calculations. The new update allows Amazon to use its own PTC when you sell your products to an Amazon entity. This change is effective from June 9, 2023, and it is essential for all Amazon sellers to understand and comply with these adjustments.

To ensure you are well-informed and can adapt to the changes seamlessly, I recommend the following actions:

1. Review the Changes to Programme Policies Page: Visit the provided link (https://sellercentral-europe.amazon.com/gp/help/GQHQGBTD7XB7EECN) to access the detailed information regarding the modifications made to the VAT Calculation Services methodology and the usage of the Product Tax Code (PTC).
2. Understand the Implications: Carefully read through the updated policy to understand how these changes may impact your business. It is crucial to have a clear understanding of the new methodology and the usage of Amazon’s PTC when selling to Amazon entities.
3. Consult Your Tax Advisor: Given the complexities surrounding VAT calculations and tax compliance, it is advisable to consult your tax advisor or a qualified professional to ensure you fully comprehend the implications of these changes on your specific business circumstances.
4. Update Your Processes: If necessary, make any required adjustments to your internal processes and systems to align with the changes. It is essential to remain compliant with VAT regulations and incorporate any modifications into your operational procedures.

According to the announcement, your continued use of selling services after the effective date (June 9, 2023) will be considered as your acceptance of these changes. Therefore, it is crucial to thoroughly review the updated policies and adapt accordingly to avoid any disruptions to your selling experience on Amazon.

Here you can review a copy of the full announcement from Amazon:

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