On May 17, the European Commission (EC) has released a draft proposal for a reform of the EU Union Customs Code with potential VAT implications that would come in place as early as 2028. The proposal includes many ambitious changes, such as the introduction of an online tool “EU Customs Data Hub” for businesses, the use of artificial intelligence for smarter customs checks, and changes to cross-border e-commerce processes. This new proposal is further reviewed in this article in more details.
Source Eurotax
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