Understanding VAT for Amazon FBA Sellers | A Guide to Calculating Net Profit
Amazon FBA VAT Explained | How to Calculate Net Profit If you are a seller on Amazon’s FBA (Fulfillment by Amazon) platform, you may have come across the term VAT. Value Added Tax, or VAT, is a consumption tax that is applied to goods and services in the European Union (EU) and other countries around the world. As an FBA seller, understanding VAT and how it impacts your business is crucial for calculating your net profit accurately. In simple terms, when you sell goods through Amazon’s FBA program in an EU country, you are required to charge VAT on those […]