Working Party on Tax Questions debates Import One Stop Shop (IOSS) in Conjunction with the 2028 EU Customs Reforms On 27 March, the Council of the European Union’s Working Party on Tax Questions will meet again to continue the exchange of views on Import One-Stop
March 2028 VAT on all import B2C consignment must be charged at sale in checkout; IOSS €150 limit withdrawn; marketplaces liable for seller VAT and customs; optional Special Arrangements extended As part of 2028 EU Customs reforms proposals, the VAT special arrangements threshold of €150
Preparations begin for July 2028 Extension of OSS return for cross-border movement of own goods: B2C e-commerce; and B2B call-off stock Harmonisation of B2B reverse charge. But extension of marketplace ‘deemed supplier’ to EU sellers proposal now dropped The full EU VAT in the Digital
EU Working Party on Tax reviews Fiscal representation to encourage adoption of IOSS and close VAT fraud Proposals are being discussed on 6 November 2024 at the EU’s Working Party on Tax Questions to reform the Import One-Stop Shop reporting to shut down VAT fraud
2023 data reveals €26 billion raised from OSS & IOSS 150,000 businesses The 2023 evaluation (published 14 October 2024) of the VAT e-commerce package, particularly focusing on the One-Stop Shop (OSS) and Import One-Stop Shop (IOSS) schemes, reflects the substantial progress made in streamlining VAT
The EU’s e-commerce VAT package launched on 1 July 2021. What changed 1 July 2021 with EU e-commerce VAT package Update: as part of the approved VAT in the Digital Age scheme, the use of OSS will be extended to movement of own goods from 1
Proposals as part of VAT in the Digital Age ViDA reforms to reduce fraud As part of the EU VAT in the Digital Age ViDA reforms, it has been proposed that there will be more transaction data exchanges to help reduce problems on Import One-Stop
Parliament comments on EC IOSS threshold removal proposal The European Parliament has produced a briefing on the European Commissions proposals for e-commerce import VAT reforms. This includes: Removal of IOSS €150 threshold reporting limit Extend deemed supplier obligations for marketplaces facilitating consignments exceeding €150 Removal
EU VAT Expert Group revisits Import One Stop-Shop reforms The European Commission’s VAT Expert Group (VEG) has been reviewing improvements to the July 2021-introduced Import One Stop-Shop (IOSS) regime. This was part of the e-commerce VAT package reforms. IOSS enables the pan-EU reporting of VAT
HMRC opens Import One-Stop-Shop portal for e-commerce sales NI to EU The UK’s HMRC has launched 1 March 2024 its own full portal for the EU’s Import One-Stop-Shop IOSS. This enables UK or other non-EU businesses with a UK VAT number to report Northern Ireland
