Introduction of the VAT e-commerce package is to bring major changes likely to impact the operations of entities managing electronic interfaces (EI), including marketplaces, platforms, portals, or similar means. As of 1 July 2021, the role of electronic interfaces in terms of reporting, record-keeping and VAT duties is to change radically.
Source: KPMG
Latest Posts in "European Union"
- Impact of New EU VAT Framework on Italian Distance Sales and Imported Goods
- CJEU to Rule on Danish VAT Group Ownership Law Compatibility with EU Directive
- EU Mandates Textile EPR: Brands Must Adapt to New Waste Framework Directive
- AG’s Opinion in Lyko Case: New Perspectives on VAT Treatment of Loyalty Programs
- VAT Compliance for Online Sellers: Essential Tips for Digital Goods