- EU Parliament’s Committee on Economic and Monetary Affairs committee (ECON) voted in favor of two amendments to the VAT Directive 2006/112/EC
- These reforms are part of the 2028 Customs and VAT reforms proposed by the EU Commission
- The reforms include withdrawing the current €150 limit on the IOSS scheme from March 2028
- VAT and customs will be charged in the checkout for all import consignments exceeding €150
- Sellers or marketplaces affected by the ending of the €150 limit can use the Import One-Stop Shop return to report these sales
- The e-commerce package’s Special Arrangements will be extended to consignments above €150
- Postal operators, express carriers, customs agents, and other operators can declare and remit the collected VAT on those imports on a monthly basis.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
