Tag archive for: EU
New regulations of the EU directive PDS2 are scheduled to come into force that will introduce permanent changes to online shopping. The regulation will start enforcing multi-factor authentication. That means, instead of only entering for instance a password when buying in an online shop, customers will often have to authenticate themselves in another way – for example via SMS.
From 2015, a new regulation will apply to online retailers who sell downloadable products and services in other EU countries. Retailers must pay the VAT due in the EU country in which the buyer is located.