- The European Union is proposing to impose a fixed fee, estimated at around €2, on small packages entering the bloc from foreign retailers like Chinese webshops Temu and Shein, according to a draft proposal seen by the Financial Times.
- The proposal aims to alleviate the burden on customs, which faces the challenge of processing billions of packages each year, a situation intensified by pressure from member states.
- Proceeds from the proposed fee would help cover customs costs and contribute to the EU budget, potentially generating billions annually, as noted by European Commissioner Maroš Šefčovič.
Source Taxlive
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