Is There Any Future for the Vendor Collection Model in the 21st Century Economy?

Against the background of ever-growing compliance costs for businesses and enforcement difficulties for states in an increasingly global and digital economy, the author suggests that the traditional “vendor collection” model is no longer appropriate in this new economic environment and that a technology-enabled customer collection alternative should be investigated. The author further explains that a renaissance of the VAT system might come from outside of the European Union, because of political and psychological factors.