The Italian tax authority will open the online registration portal for the new OSS (One Stop Shop) and IOSS (Import One Stop Shop) regimes, thereby implementing changes introduced by the VAT e-commerce directives that are effective from 1 July 2021.
- The OSS scheme will apply for remote (distance) sales of goods dispatched from an EU Member State to private consumers in another EU Member State and for the supply of services to private consumers subject to VAT in the EU Member State where the services are consumed.
- The IOSS scheme will apply for sales to private consumers of goods imported from third countries not exceeding €150 in value.
Source KPMG
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