European Parliament Committee on Economic and Monetary Affairs – Draft report about Proposal for Council Directive Amending VAT Rules for Distance Sales of Imported Goods

• The European Parliament is considering a proposal to amend VAT rules relating to taxable persons who facilitate distance sales of imported goods.
• The proposal aims to expand the range of supplies covered by the Import One Stop Shop (IOSS) and special arrangements for declaration and payment of import VAT.
• The proposal would remove the EUR 150 threshold, allowing the IOSS to be used for all distance sales of imported goods into the EU.
• The extended IOSS would reduce compliance costs for businesses and create a level playing field for online sellers.
• The proposal would also combat abuse of the duty exemption by preventing fraudsters from undervaluing goods.
• The proposal supports the principle of a single VAT registration in the EU and would reduce the need for taxable persons to register for VAT in multiple Member States.
• Marketplaces would be required to declare and remit VAT on supplies of imported goods above EUR 150 under the expanded IOSS scheme.
• The changes proposed by the European Commission would be adopted by 1 March 2028.

Source: europarl.europa.eu

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.