- The EU’s E-Commerce package, implemented in July 2021, simplified VAT compliance procedures for EU and non-EU taxpayers making transactions within the EU.
- Notable changes include the extension of the Mini One Stop Shop to the One Stop Shop, deletion of import VAT exemption for low-value goods within the EU, and introduction of the Deemed Supplier legal institute.
- The Value Added Tax is now due in the Member State where the customer is based, and there is a cumulative threshold for EU-established businesses.
- The OSS 2.0 reform aims to simplify VAT registration procedures for non-established businesses by expanding the scope of transactions covered by the OSS scheme and removing impediments to VAT registration.
Source 1stopvat
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