EU VAT e-commerce package

EU 2028 scraps €150 import VAT & customs consignment threshold and IOSS limit

18 May 2023 in

Customs

March 2028 VAT on all import B2C consignment must be charged at sale in checkout; IOSS €150 limit withdrawn; marketplaces liable for seller VAT and customs; optional Special Arrangements extended As part of yesterday’s EU Customs reforms proposals, the VAT special arrangements threshold of €150

EU One-Stop-Shop OSS for B2C services and events

18 April 2023 in

EU VAT

2025 VAT in the Digital Age build on OSS returns for services The EU e-commerce VAT package on 1 July 2021 simplified VAT on distance selling of goods with the new One-Stop-Shop OSS VAT return. The VAT in the Digital Age reform pillar on Single

EU Import One-Stop Shop IOSS mandated for marketplaces 2028

11 April 2023 in

EU VAT

2028 ‘Facilitating marketplaces’ take on EU import VAT reporting IOSS obligations as part of Customs reforms Plans to require marketplaces to become the deemed supplier and use the VAT Import One-Stop Ship (IOSS) return for their sellers EU imported B2C sales have been moved back

EU quick fixes to e-commerce rules before VAT in the Digital Age

28 March 2023 in

EU VAT e-commerce package

European Commission proposes 2024 (TBC) quick fixes to the existing e-commerce regime prior to ViDA changes to e-commerce VAT rules from 2025 As part of the VAT in the Digital Age ViDA reforms, the European Commission has proposed the extension of the OSS e-commerce single EU

Single VAT registration in the EU – update

22 June 2022 in

Extension of OSS return for cross-border B2C and B2B goods and services transactions as part of VAT in the Digital Age reforms. 3 options for transfers of own goods challenge The European Commission (EC) is set to publish draft VAT Directive amendments by 7 December

EU review of VAT reforms under French Presidency

19 June 2022 in

EU VAT e-commerce package

As the six-month French Presidency of the Council of the EU ends, it reviews progress to date on a range of VAT measures France took up the rotating Presidency role on 1 January 2022, and has provided an update on various EU VAT reforms. The

EU import VAT on returned goods – harmonising options

3 June 2022 in

EU VAT e-commerce package

Harmonising import VAT refunds on IOSS and Special Arrangements following 2021 EU e-commerce package Following the introduction of the new import VAT rules in the July 2021 e-commerce VAT package, the EU is looking to harmonise the treatment returned goods. This requirement for this has

EU’s VAT One Stop-Shop €6.8 billion revenues in 6 months

24 May 2022 in

EU VAT e-commerce package

New distance selling single VAT filing figures highlight initial success The EU Directorate-General for Taxation confirmed new and updated revenues from the EU e-commerce package reforms introduced from 1 July 2021. This included new data on the Import One Stop-Shop regime, plus first numbers from

Single VAT registration in the EU – extending OSS to all cross-border B2C and certain B2B transactions

15 April 2022 in

Extension of OSS return – Single VAT registration in the EU – for cross-border B2C and B2B transactions as part of VAT in the Digital Age reforms The European Commission (EC) is set to publish draft VAT Directive amendments this autumn for the extension of

EU Group on the Future of VAT backs IOSS double taxation fix

17 March 2022 in

EU VAT e-commerce package

Overcharged import VAT recovery via IOSS return gets backing Group on the Future of VAT May 2023 update: The EC has proposed ending the €150 VAT threshold on consignment stocks from March 2028. The European Commission’s Group on the Future of VAT has backed double

Tag: EU VAT e-commerce package