New figures indicate that Member States collected €20 billion in VAT revenues in 2022 via new systems introduced two years ago as part of efforts to ensure a more level playing field for all businesses. The launch of the expanded ‘One Stop Shop’ (OSS) and newly introduced ‘Import One Stop Shop’ (Import OSS) allows businesses to declare and transmit VAT in one Member State for all their sales of goods and services in the entire EU, as well as on imports of low-value goods into the EU. The new figures, using data provided by Member States themselves, again point to a successful implementation of the new rules. This positive trend had already emerged following an ex-post evaluation of the first 6 months of application of the e-commerce package.
Source: taxation-customs.ec.europa.eu
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