The year 2028 will mark a significant milestone for the European Union as the Customs Union 2028 reforms will come into effect. These reforms are aimed at streamlining processes and enhancing transparency. One of the key changes under these reforms is the concept of a deemed importer, which seeks to simplify the liability of parties involved in the import process. Deemed importer refers any person involved in distance sales of goods to be imported from third territories or third countries and who is authorised to use the IOSS ( Import One-Stop Shop). The creation of this role was triggered by the proposal to remove the EUR 150 IOSS threshold. This will help to implement the ViDA concept for e-commerce sellers to have a single VAT registration in the Union by allowing IOSS registered
Source: 1stopvat.com
