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"
- Briefing documents & Podcasts: VAT concepts explained through ECJ/CJEU cases on Spotify
- ViDA: Implementation ”Single EU VAT Registration” in the Member States
- EU Ombudsman Probes Hidden VAT Study Ahead of 2027 Reforms
- EU Member States Implementing VAT in the Digital Age Laws
- European Union VAT Number Validation Guide
