Annual Tax Act 2020 (Part 3): Special arrangements for import of consignments of up to EUR 150

The third part of our newsletter series on the Annual Tax Act 2020 deals with the special regulation for the import of consignments with a maximum value of EUR 150. For such low value consignments, which are to be delivered directly from the third country to customers in the country of import, the presenting service providers will, in future, be able to carry out the import on behalf of and for the account of the recipient and also pay import VAT on their behalf. However, according to sec. 21a of the German VAT Act (draft), an application by the service provider is required for this purpose.


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