VATupdate

EU E-Commerce VAT Package FAQs: Understanding OSS

The EU E-Commerce VAT Package is here. The new schemes, One Stop Shop (OSS) and Import One Stop Shop (IOSS), bring significant changes to VAT treatment and reporting mechanisms for sales to private individuals in the EU.

Our recent webinar, Back to Basics: The EU E-Commerce VAT Package, discussed the basic principles of the three key OSS schemes.

The EU E-Commerce VAT Package is a complex topic and there were a number of questions that we didn’t have time to answer during the webinar.

In the last blog we answered your questions about marketplace liability, this blog will focus on OSS.

Source: SOVOS

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