VATupdate

Six major VAT changes for e-commerce

Changes of VAT rules with an effect on cross-border e-commerce will take place as of 1 July 2021. They will impact mainly online sellers who sell goods to consumers and digital platforms. Consumers who import goods in consignments from non-EU countries for their own needs, as well as other persons carrying out import of goods from third countries for their business activities will be affected.

Source: KPMG

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