France moves to close shell Intermediary representatives France is to enforce new requirements for Intermediaries – a type of Fiscal Representative – for the new Import One-Stop Shop IOSS returns introduced on 1 July 2021 as part of the EU e-commerce package. For regular free
Tax authorities have long eyed marketplaces with frustration arising from these marketplaces having helped to create the huge gig and sharing sectors. However, this frustration is mixed with the tax authorities’ relish for the opportunity to co-opt the marketplaces as unpaid tax collectors. This blog is
The Swiss Federal Council has issued several proposals to the Parliament to broaden the VAT rules on foreign e-commerce platforms via the deemed supplier, and introduce a voluntary annual VAT return with instalment payments. Lastly, there is also a proposal to effectively withdraw the Fiscal
UPDATE: this measure since replaced by 2% Withholding VAT on marketplaces from 1 September 2021. Pakistan’s budget includes provisions to bring online marketplaces into the federal sales tax net. They will become responsible for levying and collecting the 17% sales tax. The new measure will come
The introduction on 1 July 2021 of the new Import One-Stop Shop IOSS is helping thousands of sellers report sales VAT on their sales of imported consignments not exceeding €150. But deemed supplier marketplaces or ‘electronic interfaces’ may also opt to use them too. Register
May 2023 update: The EC has proposed ending the €150 VAT threshold on consignment stocks from March 2028. On 1 July 2021, the EU e-commerce package introduced the obligation to charge sales VAT at the point-of-sale on sales of goods consignments with an intrinsic value
VAT compliance simplifications; new tax collections role for marketplaces On 1 July 2021, the European Union introduced three key reforms to simplify their B2C e-commerce VAT regime, and help eliminate an estimated €1.5 billion in fraud affecting the EU B2C goods sector. The reforms will
Since 1 July 2021 and the introduction of the EU deemed supplier marketplace rules for electronic interfaces, certain records must be maintained by marketplaces. This covers when the marketplace is using the OSS or IOSS Special Schemes. This is part of the wider EU e-commerce
France has joined the UK and Germany in introducing from 1 January 2020 VAT obligations on marketplaces to help eliminate the VAT GAP and fraud in the e-commerce sector. The requirements will include verifying non-resident VAT registration of their sellers, and continuing reporting transaction data to
