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 Court: Poland Must Allow VAT Deduction for Invoices Received Before Tax Return Submission
- Playing Music Without Required License Qualifies as VAT-Service; VAT Due on Tripled Compensation Amount
- EU Parliament Urges Overhaul of Financial Sector Tax Rules to Boost Competitiveness and Modernisation
- CJEU Clarifies Tax Debtor Determination and Entrepreneur Status Under VAT Directive in Case C-796/23
- EU Ends Duty-Free Exemption for Small Parcels; Flat Rate Customs Duty from July 2026
