- Shift of VAT Responsibility: EU affairs ministers adopted a directive that transfers VAT responsibility from consumers to sellers and digital platforms for goods imported from outside the EU, effective July 1, 2028.
- Enhanced IOSS Utilization: The Import One-Stop-Shop (IOSS) will streamline VAT collection by allowing sellers, including those outside the EU, to register in one Member State to declare and pay VAT for all cross-border sales, simplifying compliance.
- Destination-Based Taxation and Customs Reform: The new VAT directive enforces destination-based taxation, where VAT is reported in the Member State of delivery, and is part of broader customs reforms aimed at addressing low-value imports and enhancing EU customs revenue.
Source GlobalVATcompliance
Click on the logo to visit the website
See also
Latest Posts in "European Union"
- Comments on T-198/25 (G. Kft) – General Court Confirms Limits on VAT Adjustment After Tax Audit
- Tax Professionals Back VAT Fraud Measure, Urge Temporary Use
- Agenda of the ECJ/General Court VAT cases – 2 Judgments till July 7, 2026
- European Commission Issues Guidance on €3 Customs Duty for Low-Value E-Commerce Imports Effective 1 July 2026
- ECJ & General Court VAT Cases decided in 2026
