From 2021, the European Union is gradually implementing a new safety and security program for imported goods, based on the IT system for transferring information about shipments – Import Control System 2, known in short as “ICS2”. The ICS2 system is to be implemented in three phases, the first of which has been in operation since March 2021, and the second will come into force on March 1, 2023. This will entail additional obligations for operators and entrepreneurs, which we summarize below.
Source Deloitte
Latest Posts in "European Union"
- VAT Neutrality and Tax Fraud: Implications of Recent Jurisprudence
- Blog Luc Dhont: How Can Multinationals Comply with VAT on Transfer Pricing Adjustments Post-ECJ Arcomet?
- ECJ Opinion Sheds Light on VAT for Ancillary Services in German Accommodation Sector
- Briefing document & Podcast – C-409/04 (Teleos): Physical Movement & Supplier Due Diligence Key for Intra-EU VAT Exemption
- EU boosts tax cooperation with Andorra, Liechtenstein, Monaco, and San Marino
