n recent years the European Commission has compiled a legislative package that reforms the regulation of online commerce, among other things by extending one-stop shop systems. The majority of the directives and regulations that form part of the package will enter into force on 1 July 2021, and the rules implemented in the VAT law will also take effect from that date. Since the foundations of international e-commerce rules will change almost completely from 1 July, those affected should prepare for these significant changes well in advance. We would like to draw attention to the most important tax law changes affecting international e-commerce and distance selling.
Source WTS
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