EU Council Agrees on Directive to Boost VAT Import One-Stop-Shop Usage

ECOFIN agreed on a draft directive to promote the use of the VAT import one-stop-shop (IOSS)
The IOSS is part of the 2021 EU VAT e-commerce package for taxing remote sales of goods to EU consumers
IOSS applies to consignments valued at €150 or less, not subject to excise duties
Businesses registered under IOSS charge VAT at the point of sale and declare it monthly
Non-registered businesses have customers pay import VAT upon delivery
The proposed directive aims to make sellers or marketplaces liable for import VAT if not registered under IOSS
Non-EU traders not registered under IOSS must appoint a tax representative unless from certain countries
Indirect customs representatives can be held accountable for import VAT
Member states can hold individuals responsible for customs irregularities accountable for import VAT

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.