- Continued growth in revenue and registrations indicates success of reformed EU VAT rules for e-commerce
- Over €33 billion in VAT revenues collected in 2024 via EU e-commerce VAT systems
- 2021 reforms simplify compliance, support businesses, and ensure fairer taxation
- One Stop Shop and Import One Stop Shop allow businesses to declare and remit VAT for cross-border sales and imports
- Businesses benefit from reduced red tape and compliance costs
- In 2024, €24 billion declared via Union OSS, €2.8 billion via non-Union OSS, and €6.3 billion through Import OSS
- 26% increase in VAT collection compared to 2023
- Nearly €88 billion collected in VAT since mid-2021 under OSS and IOSS schemes
- Over 170,000 businesses registered by end of 2024, with more than 20,000 new registrations in Union OSS
- Figures support further simplifications with VAT in the Digital Age package and EU Customs Reform
Source: taxation-customs.ec.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.
