As part of the EU Customs reform, today it has been published a Proposal for a Council Directive amending the VAT Directive.
✔️ The proposal aims to delete the EUR 150 threshold in certain circumstances, which currently limits the application of IOSS.
✔️ Marketplaces that facilitate distance sales of imported goods above EUR 150 will be the deemed supplier in respect of those supplies and will, therefore, be obliged to declare and remit the VAT due on those supplies via the IOSS.
✔️ Changes are proposed in article 14a, 369l and 369y.
Source: Fernando Matesanz’ post on LinkedIn
Latest Posts in "European Union"
- Do Loyalty Program Points Qualify as Vouchers? CJEU to Decide on VAT Implications
- EU Advocate General: Loyalty Points Not Free for VAT Purposes in Lyko Case
- Court Rules Sudoku Books as Periodicals: Implications for VAT and Tariff Classification
- EU Directive 2025/1539 Enhances IOSS for Improved VAT Compliance and Fair Competition
- ECJ Advocate General: VAT Applies to Lithuanian In-Game Currency Resale Profits
