Description
Online sellers in Europe who are registered for VAT in Europe have to do regular filings and submit various reports on a regular basis. One of those reports is the EC Sales List (ESL) which is necessary to support the VAT return.
The EC Sales List is a document all online sellers in Europe need to provide to give the tax authorities further insights on their sales and on their goods movements (and the movements of services) between EU member states. It is also called a “Recapitulative Statement“
The aim is to avoid tax fraud, simplify VAT payments in Europe and make sure that VAT returns are correct.