The new European Union (EU) VAT system for business-to-consumer (B2C) e-commerce sales comes into force on 1 July 2021. This package of changes comprises:
· A one-stop-shop for accounting for VAT on B2C services and intra-EU distance sales of goods
· An import one-stop-shop to pay import VAT on low-value imports from outside the EU
· Special VAT rules for goods sold to EU consumers via online marketplaces.
Source Business Magazine
Latest Posts in "European Union"
- VIDA Measures applicable from 1 January 2027
- Agenda of the ECJ/General Court VAT cases – 7 Judgments and 2 Hearings till March 25, 2026
- Comments on T-638/24: Double dip alert – an incorrect invoice can create multiple VAT liabilities
- VAT IOSS Scheme: Intermediary Registration Available from April 2026 for Non-EU Businesses
- Customs and VAT Fraud Cost EU €45 Billion in 2025, Officials Warn
