Draft Report on Amending VAT Rules for Distance Sales of Imported Goods in EU.

European Parliament consulted for the second time on VAT rules for distance sales of imported goods
Original proposal to make IOSS mandatory was rejected by Member States
Alternative proposal to hold suppliers and platforms liable for import VAT if not using IOSS was not mature enough
Commission proposed reforms to Union Customs Code, including abolishing the 150 euro exemption threshold
Provisions to incentivize IOSS use were added to the Customs Code reform proposals
Polish Presidency suggested separating IOSS provisions from customs proposals, which was accepted
Council agreed to incorporate IOSS incentives into the VAT Directive, making suppliers and platforms liable for import VAT if not using IOSS
European Parliament emphasized transparency and security in IOSS operations
Called for a unified approach between IOSS and customs legislation to avoid inconsistencies and double taxation
Highlighted the need to reduce administrative burden for SMEs
Suggested assessing pros and cons of making IOSS mandatory
Rapporteur recommends a simplified procedure without amendments for re-consultation

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.