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> The criticisms were made on Wednesday at a meeting of the public accounts committee, parliament’s spending watchdog, which is investigating online VAT fraud. In recent years overseas sellers, particularly from China, have come to dominate many popular goods categories on eBay and Amazon, illegally selling products into the UK without paying VAT. As a result, many small British businesses have been undercut.
> “Twenty per cent is a large sum of money, and if your competitors are avoiding the 20% you can’t compete,”
Twenty percent is huge in retail trade. Many sellers have single-digit margins. Having a huge player engaged in such behavior on a massive scale means effectively eliminating all competition. They should compete, but on equal terms. They will probably still win, but at the same time contribute to the well-being of the society by paying taxes (just like everyone else).
"the USPS actually charges China Post less to deliver a package from China into the U.S. than it charges a U.S. business or customer to deliver a similar size package within the 48 states"
It's vastly more likely that you'll have to deal with VAT on all European products in addition to the current products rather than getting rid of the VAT altogether.