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EU 2028 Custom Reforms; single Customs Authority; scraps €150 customs and VAT import thresholds – VATupdate

European Union

EU 2028 Custom Reforms; single Customs Authority; scraps €150 customs and VAT import thresholds

18 May 2023

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March 2028: EC scraps €150 customs consignment import threshold exploited by fraudsters; ends the VAT €150 special arrangements threshold; also pushing goods Single market safety and sustainability obligations onto platforms

Source: vatcalc.com