Confusion remains on EU country requirements for UK businesses applying for the new Import One-Stop-Shop (IOSS) registration and whether they will require a local Intermediary.
From 1 July 2021, any imported sale of consignments not exceeding €150 will be liable to import VAT at the checkout – instead of at customs at the point of import. Sellers or facilitating marketplaces can use the new IOSS return to report such transactions across all 27 EU member states rather than VAT register in each state.
Source Avalara
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