Starting in January 2025, new regulations adopted in the EU will change the way virtual conferences are taxed. In most cases, the sales of virtual streaming or recorded conference admission will now be taxed. This applies to sales made to individuals only. In other words, sales made to VAT registered businesses within the EU are not taxed. The applicable VAT rate is determined by the location of the individual purchasing the virtual conference admisison. This means that if a German individual purchases admisison to your virtual conference, ther German VAT rate of 19% will apply to the sale. The EU has implemented a one stop shop (OSS) to make filing these taxes feasible as all EU juristictions can be filed in one OSS report. These reports are filing quarterly and are seperate from you current VAT returns.