The European Commission (EC) has presented a proposed draft directive, labelled Draft Council Directive No. COM(2023) 262, which suggests amendments to the VAT rules concerning taxable persons involved in facilitating distance sales of imported goods.
This proposed directive includes several key provisions:
- Implementation of a special plan for distance sales of goods imported from third territories or third countries.
- Adoption of special arrangements for declaration and payment of import VAT.
- Elimination of the 150 euros import threshold for the import one-stop shop (IOSS) scheme.
Source GVC
