Hmmm, interesting Rolo, one of the biggest problems I see is one you touched on -- how in the world would the EU enforce collection on VAT? Let's say you've got an Aussie company using IBill to process for a sale in Germany. The collection point is IBill? the Aussie company will get a bill for what they need to send in?
Very much a giant tangle like the current state sales tax system here with interstate commerce.
|