- The European Commission has proposed reforms to the European Union’s (EU’s) customs regime, including the introduction of a single online data system.
- The changes aim to simplify customs obligations and processes and introduce EU-level risk management to better enforce EU standards.
- Ultimately, this should improve customs authorities’ ability to collect the customs and tax revenues that help finance budgets and public services.
- The proposals seek to cut down on fraud in the e-commerce sector, while introducing more transparency and peace of mind for consumers.
Source EY
Latest Posts in "European Union"
- ECJ Overturns VAT Deduction Timing Rules: New Challenges for Tax Authorities and Businesses
- EU Abolishes the EUR 150 Customs Duty Exemption for Low‑Value Imports
- Abolition of the customs duty exemption for small consignments under EUR 150: what does this mean for e-commerce?
- Agenda of the ECJ/General Court VAT cases – 8 Judgments, 1 AG Opinion and 2 Hearings till March 18, 2026
- New ECG Case T-96/26 (TellusTax Advisory) – No details known yet
