E-commerce package - vatcalc.com

EU Parliament e-commerce import VAT proposals briefing

26 July 2024 in

E-commerce package

Parliament comments on EC IOSS threshold removal proposal The European Parliament has produced a briefing on the European Commissions proposals for e-commerce import VAT reforms. This includes: Removal of IOSS €150 threshold reporting limit Extend deemed supplier obligations for marketplaces facilitating consignments exceeding €150 Removal

Switzerland marketplace VAT deemed supplier 2025

15 July 2024 in

deemed supplier

Public Consultation on digital platforms responsible for VAT collections for e-commerce goods of their third-party sellers Switzerland’s Federal Tax Administration has launched on 9 July 2024 a public consultation on its plan to impose Switzerland is to deeded supplier obligations on digital platforms for goods.

EU VAT Expert Group latest

17 November 2023 in

E-commerce package

2-year delay to ViDA Digital Reporting; TOMS on hold; 2021 e-commerce figures The EU’s VAT Expert Group (VEG) met at the end of October to review a range of EU VAT reforms and provide feedback for the European Commission. VEG assists and advises the European

EU Parliament backs 2028 ending €150 IOSS limits

2 November 2023 in

Customs

ECON votes for Directive changes as part of wider March 2028 Customs & VAT reforms On 24th October 2023, the EU Parliament’s Committee on Economic and Monetary Affairs committee (ECON) voted in favour of two amendments to the VAT Directive 2006/112/EC. These two reforms are

2028 EU customs reforms introduces Deemed Importer

5 June 2023 in

Customs

Business using IOSS may incur customs duties debt on import distance sales from March 2028 The EU European Commission unveiled major Customs Union 2028 reforms last month which included the creation of a new ‘Deemed Importer’ model. These are traders importing goods into the EU

EU OSS and IOSS VAT Standard Audit File (SAF OSS)

11 March 2023 in

E-commerce package

VAT records requirements for sellers, deemed supplier marketplaces and Intermediaries for on-demand VAT audit requests –SAF OSS XML schema The One Stop-Shop (OSS) and Import One Stop-Shop (IOSS) VAT returns were introduced in the EU on 1 July 2021 as part of the e-commerce package.

EU limits €10,000 VAT e-commerce B2C distance selling threshold use 2025 – VAT in the Digital Age

22 December 2022 in

E-commerce package

ViDA – EU sellers may only utilise from their resident country the B2C VAT threshold on cross-border sales From January 2025, EU resident sellers will be limited in their use of the €10,000 intra-community distance selling threshold. Going forward, they will only be able to

EU addresses misuse of IOSS identification numbers in VAT fraud – VAT in the Digital Age

12 December 2022 in

E-commerce package

VAT in the Digital Age (ViDA) package tackles abuse of Import One Stop-Shop numbers and import VAT evasion Included within the EU VAT in the Digital Age reforms package announced on 8 December 2022, is a measure to help prevent abuse of Import One Stop-Shop IOSS

EU addresses misuse of IOSS identification numbers in VAT fraud

31 May 2022 in

E-commerce package

Commission explores remedies for abuse of Import One Stop-Shop numbers to avoid import VAT payments The European Commission is looking at a number of ideas to stop the potential misuse of Import One Stop-Shop IOSS VAT numbers. This includes online sellers using others’ IOSS numbers

EU e-commerce package IOSS raises €2bn in first 6 months

15 March 2022 in

E-commerce package

Withdrawal of €22 low value consignment exemption and new IOSS return success; 8,000+ IOSS registrations; Council backs VAT in the Digital Age further reforms The European Commission has confirmed that EU member states have collected €1.9 billion between July and December 2021, the first six

Tag: E-commerce package