May 2024: B2C Sellers to charge VAT in checkout on low-value consignments of goods imported to consumers Thailand is to impose VAT on low-value consignments of goods being imported directly to consumers. Any consignment at or below Baht 1,500 is currently VAT exempt. From 1st
B2C Sellers and marketplaces to charge VAT in checkout on low-value consignments of goods Chile is proposing to impose VAT on low-value consignments of goods being imported directly to consumers. Any consignment at or below US$500 will attract VAT at the online checkout, and the
Extension of GST from digital services to low-value consignments and traditional services provided by Overseas Vendors Non-resident providers (‘Overseas Vendors) of low-values goods and non-digital services to Singaporean consumers will be liable to charge, collect and remit Goods and Services Tax from 1 January 2023.
Low-value SG$400 consignment stock relief GST exemption scrapped; traditional services B2C also liable Singapore Gazetted this month its Goods and Services Tax (Amendment) Act 2021. This will withdraw the current SG$ 400 threshold on Goods & Services e-commerce B2C imports from 1 January 2023. This does not
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
Vietnam is considering restricting its VND 1million (approx €37 or $44) low value consignment relief. This exempts from VAT parcels imported from Vietnam destined for consumers. The current VAT rate in Vietnam is 10%. The Ministry of Finance is concerned in the explosion in foreign
The UK has implemented its e-commerce VAT reforms for online sellers and marketplaces (OMP) on 1 January 2021. This changes the rules on import VAT for e-commerce, and makes marketplaces liable for the UK VAT obligations of their third-party sellers. This will mean UK VAT
From 1 December 2019, New Zealand is imposing its Goods and Services Tax (GST) on imported sales of goods not exceeding NZD 1,000 to its consumers. For any foreign seller or marketplaces making such e-commerce sales to New Zealand consumers there is a GST registration
On 1 July 2018, Australia ended the import Goods and Services Tax exemption for small-value parcels. Import GST will instead have to be charged in the online checkout for any imported sales to consumers not exceeding AUD 1,000. For foreign sellers or facilitating marketplaces, this
