On 30 September 2020, the Commission published Explanatory Notes on the new VAT e-commerce rules . They contain extensive explanations and clarifications on these new rules including practical examples on how to apply the rules if you are a supplier or an electronic interface (eg marketplace, platform) involved in e-commerce transactions. These explanatory notes are meant to help online businesses and in particular SMEs to understand their VAT obligations arising from cross-border supplies to consumers in the EU.
The Explanatory Notes will be accompanied by the update of the Guide to the One Stop Shop and by guidance in the customs field.
Source: ivaconsulta.com
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