As part of the EU Customs reform, today it has been published a Proposal for a Council Directive amending the VAT Directive.
✔️ The proposal aims to delete the EUR 150 threshold in certain circumstances, which currently limits the application of IOSS.
✔️ Marketplaces that facilitate distance sales of imported goods above EUR 150 will be the deemed supplier in respect of those supplies and will, therefore, be obliged to declare and remit the VAT due on those supplies via the IOSS.
✔️ Changes are proposed in article 14a, 369l and 369y.
Source: Fernando Matesanz’ post on LinkedIn
Latest Posts in "European Union"
- EU Council Schedules Key Discussion on VAT in the Digital Age (ViDA) – State of Play
- EU strengthens cooperation to combat cross border VAT fraud
- EU ViDA Implementation Strategy: Six Implementing Acts Shaping DRR, VIES and OSS Roll-Out (2027–2030)
- EU Triangular Transactions: Still a Simplification — But No Longer a “Simple” VAT Rule
- Comments on T-575/24: Belgian commissioned association subject to VAT
