- Changes to the EU VAT directive are set to take effect on July 1, 2028.
- The project was agreed upon during a meeting in Warsaw by the EU Economic and Financial Affairs Council.
- The European Parliament must review the content before formal adoption and publication.
- The goal is to tighten the system to prevent EU buyers from purchasing untaxed goods from non-EU sellers or platforms.
- Ministers agreed that recognized suppliers, mainly online sales platforms, will be responsible for VAT on imports and distance sales of goods from outside the EU.
- These suppliers can register in the existing VAT-IOSS system for tax settlement.
- VAT-IOSS allows tax settlement at the registration location for consumer sales across the EU.
- Alternatively, platforms must register in each EU country where they sell goods to consumers.
Source: podatki.gazetaprawna.pl
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.
