European Commission call for evidence and public consultation on 3 reforms to EU VAT The European Commission is inviting feedback on three proposed reforms to improve the efficiency, fairness and tax collections of the 27-member state VAT regime : Separate reforms to OSS and IOSS were
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
European Commission VAT reforms public consultation extended 20 days The EC has stretched out the public consultation deadline of its VAT in the Digital reforms from 15 April to 5 May 2022. The public call for evidence phased completed on 17 February. The consultation seeks
Extension of Single VAT Registration OSS enables withdrawal from 2025 of special VAT scheme for stocks held in other EU member state with customers The VAT in the Digital Age reforms package’s Single VAT Registration pillar includes extending the use of the One-Stop-Shop OSS VAT
6 months after e-commerce VAT package, reforms needed to remedy faults; mandating IOSS option; withdrawal of €150 IOSS threshold; extension of OSS to all B2C transactions and single VAT registration Update: the EU is proposing the €150 threshold for use of IOSS be withdrawn from
New guidance on cross-border €10,000 registration threshold; distance selling; registration and invoicing; marketplace deemed supplier France has issued new guidance on the implementation of the EU e-commerce VAT package which came into effect from 1 July 2021. This follows a public consultation in the Autumn.
Over 4,600 sellers had registered for IOSS at the start of October 2021 Update: the EU is proposing the €150 threshold for use of IOSS be withdrawn from 1 March 2028. We’re now a few months into the new IOSS pan-EU return regime, which enables
3 reforms: e-invoicing and digital reporting requirements (DRR); platform gig & sharing economies and e-commerce; and Single EU registration number – extension of OSS to all B2C and certain B2B The European Commission (EC) will shortly be initiating the next rounds of its ‘VAT in
The EU e-commerce VAT package launch on 1 July 2021 aimed to simplify Value Added Tax reporting for sellers, but also reduce fraud and give marketplaces a new role taking on VAT obligations of their sellers. The reforms implemented captured non-EU sellers and marketplaces selling to EU
Three member states fail to clarify proper adoption of new July 2021 e-commerce VAT rules The EU’s European Commission has warned with a Letter of Formal Notice Croatia, Denmark and Lithuania that they have failed to detail their implementations of the July 2021 e-commerce package
