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Marketplaces and the new roles they are about to assume

Introduction of the VAT e-commerce package is to bring major changes likely to impact the operations of entities managing electronic interfaces (EI), including marketplaces, platforms, portals, or similar means. As of 1 July 2021, the role of electronic interfaces in terms of reporting, record-keeping and VAT duties is to change radically.

Source: KPMG

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