This publication prepared by PwC US takes the US view on the VAT treatment of eservices supplied through the Cloud (electronically) in Europe and takes a look at the global trends in the VAT treatment of cross-border eservices delivered via the cloud.
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This is the sixth consecutive year that PwC has published a study of online shoppers, and our second truly global survey.
Below are some highlights from this year’s report.
- 59% of respondents follow brands or retailers on social media, compared to 49% last year
- When it comes to their favorite brands and retailers, 38% of our respondents are following them on social media; up from 33% last year
- 27% of respondents discovered brands through social media, compared to 17% last year
- Fully 49% of our survey sample said they use social media every day, an increase of 14% over last year
PwC surveyed 7,005 consumers worldwide, including 1,000 respondents from Switzerland. The single biggest conclusion that we drew from our study is that consumers are outpacing traditional retailers and online pure-players are closing the gap. Consumers choose the channel that best suits their needs, doing their research predominantly online for products before buying the product in a store. Besides company websites, more and more consumers are researching and following brands via social media.
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