Dropshipping is a booming business. Many a young person has now exchanged a study or job for the operation of lucrative webshops. That the VAT aspects for these online purchases and sales are not equally clear to everyone, is evident from the many discussions about this on various internet forums. In addition, the European VAT legislation for e-commerce will change with effect from 1 January 2021. Below is an explanation.
Source: nextens.nl (Dutch)
Latest Posts in "European Union"
- CJEU Case C-726/23: Arcomet Towercranes Decision Clarifies Intra-Group VAT and Transfer Pricing Rules
- EU and Morocco reach agreement to extend preferential tariff treatment to Western Sahara
- Comments on ECJ C-436/24 (Lyko) – Loyalty programs and VAT: AG’s opinion in Lyko case brings new perspectives
- Comments on ECJ C-535/24 (Svilosa) – VAT Deduction on Recovery Actions Not Considered Taxable Service
- EU States Move Early on €2 Customs Fee
