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.
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
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
Tax loophole to be closed possibly 2024 by making platforms responsible for VAT Switzerland is set to follow the EU by imposing deeded supplier obligations on digital platforms. This makes them responsible for the VAT charging and remittance on low-value imported consignments being sold to
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
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
Tax loophole to be closed by making platforms responsible for VAT Switzerland is set to follow the EU by imposing deeded supplier obligations on digital platforms. This makes them responsible for the VAT charging and remittance on low-value imported consignments being sold to consumers. Need
France moves to close shell Intermediary representatives France is to enforce new requirements for Intermediaries – a type of Fiscal Representative – for the new Import One-Stop Shop IOSS returns introduced on 1 July 2021 as part of the EU e-commerce package. For regular free
The EU has now withdrawn its e-commerce distance selling thresholds from 1 July 2021. This is part of its e-commerce VAT package reforms. EU or non-EU sellers will have to charge the VAT rate of their customer when selling them across an EU internal border
From 1 July 2021, the new 2021 EU VAT e-commerce package will come into effect. This simplifies distance selling VAT compliance, imposes sales VAT on imports not exceeding €150 and imposes VAT collections obligations on marketplaces for some of their sellers’ transactions. E-commerce package obstacles
