PATRICK BRENELIN, PRESIDENT AND CEO AT TEVEA INTERNATIONAL
According to you, what are the main trends and innovations in your field market?
The international development of BtoC distance sales generates a set of tax issues in respect of VAT which e-retailers will have to face. Beyond a simple monitoring of yearly turnover’s thresholds achieved, they should ensure that their IT system is ready to charge invoices with the appropriate VAT rate depending on the country of consumption and for this to be able to have a local VAT number in order to establish and submit their VAT returns to the Tax Administrations. TEVEA International acts as a single point of contact between all European tax authorities and each e-retailer regarding their European development and the implementation of their tax obligations.
Who are your current customers and which audience would you like to reach?
Our customers consist in e-retailers but more generally of companies that conduct BtoC distant sales in several European countries without dedicated subsidiaries in the country of consumption. We support e-retailers in their international development and offer a complete range of services to outsource the analysis and the treatment of their tax obligations in VAT matters: Compliance, VAT registrations & VAT returns.
What motivated your decision to take part in E-Commerce Paris, a Paris Retail Week event?
For 3 years now, we strive to educate and prepare e-retailers with tax obligations related to distance sales outside France. This step seems to be reached more quickly due to the improvement of logistics processes & customer services. So the non-compliance risk in respect of VAT, which doesn't escape to the vigilance of the tax authorities, is now seen as a real risk to be considered by companies that are developing internationally.