From 1 July 2021, the EU will introduce new VAT e-commerce rules to ensure fair competition for EU businesses and reduce VAT losses resulting from the importation of low value consignments (i.e. goods with a value not exceeding EUR 22) from third countries.
Source Baker & McKenzie
Latest Posts in "European Union"
- No Explicit National Law Needed for VAT on Non-EU Travel Agency Services, EU Court Rules
- EU States Clash Over VAT Data Sharing: Balancing Fraud Prevention, Confidentiality, and Centralization
- EU Launches Consultation to Harmonise E-Invoicing Rules and Boost Digital Single Market Integration
- EU Travel & Tourism VAT: What to Expect from the 2026 Reform Package
- European Commission – EU e‑Invoicing Consultation
